Housing Segregation in the United States Is Due to All

question 89

Multiple Choice

Housing segregation in the United States is due to all of the following, EXCEPT for

• A) economics.
• B) discrimination by real estate agents.
• C) the general scarcity of housing.
• D) discrimination by banks in granting loans.

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Definitions:

Least-Squares Regression

A statistical method used to determine the best-fitting line through a set of points, minimizing the sum of the squares of the distances of the points from the line.

Statistical Evidence

Data collected and analyzed for the purpose of supporting a conclusion or hypothesis.

Step-Variable Cost

The cost of a resource that is obtained in large chunks and that increases and decreases only in response to fairly wide changes in activity.

Contribution Margin

It is the difference between the sales revenue of a product and its variable costs. The contribution margin represents the portion of sales revenue that is not consumed by variable costs.