Which of the Following Statements About Clinton's "One America" Advisory

question 24

Multiple Choice

Which of the following statements about Clinton's "One America" advisory board is MOST accurate?

• A)Its seven members consisted entirely of African Americans and Hispanic Americans.
• B)It emphasized education as an important means of addressing racism.
• C)Its recommendations had little influence on the president's actual policies.
• D)From its inception,it received the wholehearted support of the American people.

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Definitions:

Economic Efficiency

An economic state where every resource is optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency.

Deadweight Losses

Losses in total surplus that occur when a market is not in competitive equilibrium, often due to taxes or subsidies.

Economic Efficiency

A situation where all resources are allocated in a way that maximizes the total benefit to society or minimizes waste.

External Cost

A cost that a transaction or activity imposes on a party who is not involved in the transaction, often not reflected in market prices.