The Most Controversial Quality Identified as a Characteristic of a Minority

question 37

Multiple Choice

The most controversial quality identified as a characteristic of a minority group is that

• A)people who belong to such a group are treated as members of a category.
• B)minority status is based on numbers.
• C)a minority group may be the majority of the population.
• D)membership is involuntary; if people are free to leave the group, they do not constitute a minority.

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Definitions:

Speculative Demand

Demand for an asset not for its intrinsic value or use, but for the expectation of selling it at a higher price in the future to make a profit.

Created Money

Money that has been generated through the banking system's lending processes, beyond the base money originally introduced into the economy.

Liquidity Trap

A situation where interest rates are low and savings rates are high, rendering monetary policy ineffective in stimulating economic growth.

John Maynard Keynes

A British economist whose theories on the causes of prolonged unemployment fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.