The Policy of Affirmative Action Arose When

question 70

Multiple Choice

The policy of affirmative action arose when

• A)it became apparent that disadvantaged Americans would not attain equal employment opportunities through lawsuits that benefited single individuals only.
• B)the Supreme Court declared in Bakke that the Fourteenth Amendment requires government and large firms to hire more women and minorities.
• C)the Supreme Court ruled that de facto discrimination is unlawful.
• D)private firms decided on their own that a more diverse workforce was actually a more productive and effective workforce.
• E)the Supreme Court rendered its Adarand v.Pena decision in 1995.

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Definitions:

Variability

Describes the extent to which data points in a data set or distribution differ from the average or mean value.

Return

Return refers to the earnings generated and realized on an investment over a particular period of time, expressed as a percentage.

Theoretical Finance

A field of finance that seeks to understand and model the behavior of financial markets through mathematical and statistical methods.

Portfolio Theory

This is an investment theory which proposes how risk-averse investors can construct portfolios to optimize or maximize expected return based on a given level of market risk.