The Upper Class Makes Up Just 1 Percent of the Total

question 114

Multiple Choice

The upper class makes up just 1 percent of the total U.S. population, but its total net worth is greater than that of ____________ of the rest of the population.

• A) 10 percent
• B) 53 percent
• C) 47 percent
• D) 90 percent
• E) 99 percent

Recognize the importance of conducting a systematic cultural assessment to plan individualized, culturally competent care.

Define and understand the principles of transcultural nursing and its relevance in providing culturally congruent care.

Acknowledge cultural competence as an ongoing process and the importance of viewing oneself as becoming culturally competent.

Understand the connection between culture, ethnicity, and patient care, and the necessity of being aware of varying beliefs and practices.

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Definitions:

Real GDP

The measure of a country's economic output (Gross Domestic Product) adjusted for price changes, such as inflation or deflation, to reflect the real value of goods and services produced.

National Debt

The cumulative sum of funds borrowed by a nation's government.

MPC

Marginal Propensity to Consume; the proportion of additional income that a consumer spends on goods and services rather than saving it.

Multiplier

In economics, a factor by which an initial change in spending is magnified or multiplied in the overall economy.