By 2010, the Number of People Self-Identifying with Multiple Races

question 97

Multiple Choice

By 2010, the number of people self-identifying with multiple races had increased to about ______ Americans.

• A)one million
• B)three million
• C)six million
• D)nine million

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Definitions:

Federal Excise Tax

A tax imposed by the federal government on the sale of certain goods and services, such as gasoline, alcohol, and tobacco.

Efficiency Loss

The loss of economic efficiency that can occur when the balance between supply and demand is not achieved or when market conditions lead to a misallocation of resources.

Marginal Benefit

The additional satisfaction or utility gained by consuming or producing one more unit of a good or service.

Marginal Cost

The increase in cost that results from producing one additional unit of a good or service.