Which of the Following Statements About African American Buying Patterns

question 170

Multiple Choice

Which of the following statements about African American buying patterns is most accurate?

• A)African Americans spend more on clothing products for women and girls than Caucasians.
• B)African Americans spend half as much on health and beauty products as Caucasians.
• C)African Americans are not price-conscious but are strongly motivated by quality and choice.
• D)African Americans are much less likely to tell their friends about products and services they like than the general public as a whole.
• E)When socioeconomic status differences between African Americans and Caucasians are removed,there are more similarities than points of difference.

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Definitions:

Foreign Tax Credit

A nonrefundable tax credit for income taxes paid to a foreign government as a result of foreign income tax withholdings.

Taxable Income

The portion of an individual's or a corporation's income that is subject to taxation by the government after deductions and exemptions.

Foreign Income Taxes

Taxes levied by a foreign country on income earned within its jurisdiction, which can sometimes be credited against domestic taxes in the taxpayer's home country.

Premium Tax Credit

A refundable credit that helps eligible individuals and families with low to moderate income afford health insurance purchased through the Health Insurance Marketplace.