About What Percent of the Total U

question 105

Multiple Choice

About what percent of the total U.S. population is made up of African Americans?

• A) 5
• B) 13
• C) 25
• D) 30
• E) 36

---

Definitions:

Inferior Good

An Inferior Good is a type of good whose demand decreases as the income of consumers increases, contrasting with normal goods.

Income

This is the financial gain (money) earned by an individual or entity, usually over a period of time, through work, investments, or business ventures.

Demand

The total amount of a good or service that consumers are willing and able to purchase at various prices during a specified period.

Complementary Goods

Products or services that are used together, where the use of one increases the value of the other.