What Is the Current Policy of the U

question 39

Multiple Choice

What is the current policy of the U.S. Census Bureau in requesting a respondent to identify his or her race?

• A) The respondent is limited to identifying the single racial classification with which he or she feels most affiliated.
• B) The respondent may identify no more than two racial classifications with which he or she feels most affiliated.
• C) The respondent may identify no more than four racial classifications with which he or she feels most affiliated.
• D) The respondent may identify as many racial classifications as he or she feels affiliated with.

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Definitions:

Marginal Propensity

This term explains the tendency of an individual or household to spend an additional unit of currency. For example, the marginal propensity to consume indicates how much consumption will increase with an additional dollar earned.

Disposable Income

The residual financial resources for households to use in saving and spending post paying income taxes.

Savings Rate

The Savings Rate is the percentage of income that is not spent on consumption but instead saved for future expenses, investments, or emergencies.

Social Security

A government program that provides financial assistance to people with inadequate or no income, especially the elderly and disabled.