The Extent to Which All Groups of Citizens, Regardless of Race

question 68

Multiple Choice

The extent to which all groups of citizens, regardless of race, gender, or nationality, are proportionally represented in measures of success in life represents which of the following?

• A) Equality of opportunity
• B) Equality of chance
• C) Equality of government
• D) Equality of outcome
• E) Equality of existence

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Definitions:

Good

A tangible item that satisfies some human want or need, which can be transferred from the producer to a buyer.

Deadweight Loss

A loss of economic efficiency that can occur when the equilibrium for a good or a service is not achieved, leading to a mismatch between supply and demand.

Tax

A non-negotiable pecuniary charge or alternate levy directed at a taxpayer by a government authority to underwrite the costs of government functioning and various public funding requirements.

Good

An item or product that can be used to satisfy a want or need.