Which of These Statements About Economic Inequality Is True

question 126

Multiple Choice

Which of these statements about economic inequality is true?

• A) The gap between the income of Whites and the income of Blacks and Hispanics has remained much same over time .
• B) The median income of Blacks and Hispanics has remained very flat since the 1950s.
• C) Although still unequal, per capita income for Whites, Blacks, and Hispanics has been growing at the same rate since 1967.
• D) There is little data on the relative incomes of Whites and members of minority groups.

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Definitions:

Fixed Assets

Long-term tangible assets that are used in the operating activities of a business and are not expected to be consumed or converted into cash in the short term.

Equity Shares

Shares of stock that represent ownership in a company, entitling the shareholder to a portion of the corporation's profits and assets.

Rights Offering

A method by which a company raises additional capital by giving existing shareholders the right to purchase additional shares at a predetermined price, often at a discount to the market price.

Market Price

The current trading rate for services or assets in the market.