What Role Does Race Play in the Conversation About Statehood

question 104

Multiple Choice

What role does race play in the conversation about statehood for Washington, DC?

• A) It is nearly 47 percent Latino.
• B) It is nearly 47 percent Black.
• C) It is nearly 47 percent American Indian.
• D) It is nearly 47 percent Asian American.

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Definitions:

Perfectly Inelastic

A situation in which the demand for a good or service does not change in response to changes in price.

Elasticity of Demand

A measure of how much the quantity demanded of a good responds to a change in the price of that good, with higher elasticity indicating greater responsiveness.

Degree of Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, providing insight into the good's price sensitivity.

Availability of Substitutes

The presence of alternative products or services that consumers can choose instead of the primary product, affecting the demand and price elasticity of goods.