According to the Chapter Text, What Is the Most Probable

question 43

Multiple Choice

According to the chapter text, what is the most probable effect of past-in-present discrimination on the economic marginality of the Black middle class?

• A) an increase in the number of Blacks working in the secondary labor market
• B) an increase in the Black middle class's motivation to succeed
• C) an increase in benefits from affirmative action beyond those of Whites
• D) a decrease in the likelihood that Blacks will own their own homes and businesses
• E) the Black middle class will be more economically marginal

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Definitions:

Covariance

A statistical measure of the directional relationship between the returns of two assets.

Expected Return

The mean of all potential outcomes for an investment, adjusted based on the probability of each scenario occurring.

Standard Deviation

A metric assessing how much a group of data points or investment yields spread out or differ from each other.

Investment Opportunity Set

The range of possible investment options available to an investor, based on their risk tolerance and investment objectives.