What Is the Difference Between Race and Ethnicity

question 8

Multiple Choice

What is the difference between race and ethnicity?

• A) Race is associated with physical characteristics, and ethnicity is associated with behavioral or cultural attributes.
• B) Ethnicity is associated with physical characteristics, and race is associated with behavioral or cultural attributes.
• C) Race is biologically based, while ethnicity is both biologically and socially based.
• D) Ethnicity is biologically based, while race is both biologically and socially based.
• E) There is no difference between race and ethnicity; they refer to the same characteristic.

---

Definitions:

After-Tax Cash Flow

The amount of cash a company has left after it has paid taxes, often used to determine a project's or investment's viability.

Capital Asset

A long-term asset that is significant in value and is used for operations, not easily converted to cash, and often depreciates over time.

Tax Rate

The tax rate is the percentage at which an individual or corporation is taxed, which can vary depending on income level, type of income, or jurisdiction.

Present Value

The contemporary valuation of a future sum of money or sequence of cash inflows, considering a certain rate of return.