A Major Reason Why the Median Wealth of White Families

question 168

Multiple Choice

A major reason why the median wealth of white families is much higher than that of black (and Latino) families is because of:

• A) housing equities that a majority of whites have built up over generations of discrimination limiting black and Latino access to buying houses.
• B) educational access that a majority of whites has had over generations of discrimination limiting black and Latino access to education.
• C) employment access that a majority of whites has had over generations of discrimination limiting black and Latino to higher-paying jobs.
• D) wealth in the form of interest-bearing bank accounts and stock in companies that whites have built up over generations of discrimination limiting black and Latino access to the same.

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Definitions:

Equilibrium Prices

The price at which the quantity of goods supplied is equal to the quantity of goods demanded in the market.

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The state of being overcrowded or overfilled, often causing delays or inefficiencies, particularly in transport systems or networks.

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An individual or business involved in the raising and breeding of sheep for wool, meat, and other products, contributing to the agricultural sector.