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Unidimensional conceptions of socioeconomic status require that alternative indicators of one's position in the stratification system have similar elects upon the consequences of socioeconomic level. We show herein that different indicators of social participation and psychological well-being are in fact associated with different indicators of socioeconomic status. Thus, any attempt to combine these indicators—educational attainment, occupational pursuit, family income, or occupational origins—into a single index of socio- economic status will prove unsatisfactory because its component parts have different consequences for the same variable. We also show in this paper precisely how certain formulations of the effects of inconsistency and mobility are wholly redundant and only represent a logically possible way of interpreting the linearly additive effects of the variables used to define inconsistency and mobility. [ABSTRACT FROM AUTHOR]