In Many Countries,members of the Dominant Ethnic or Racial Group

question 47

Multiple Choice

In many countries,members of the dominant ethnic or racial group tend to favor other members of their own group,give them the benefit of any doubt,and take what other members say more seriously.Minorities are often discounted as less important or even hostile for insisting on being treated fairly.In the United States,this is called

• A) white privilege.
• B) nepotism.
• C) patronage.
• D) cronyism.

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Definitions:

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, ending with the net income or loss for the period.

Times Interest Earned

A financial ratio that measures a company's ability to meet its debt obligations by comparing its income before interest and taxes (EBIT) to its interest expenses.

Balance Sheet

A financial statement that outlines a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a basis for computing rates of return and evaluating its capital structure.

Income Statement

An income statement is a financial statement that shows a company's revenues and expenses over a specific period, culminating in net profit or loss.