Which of the Following Correctly Identifies the Effects of Hurricane

question 16

Multiple Choice

Which of the following correctly identifies the effects of Hurricane Katrina and the government's response to it?

• A)It allowed people to come together across racial and class lines.
• B)It allowed people to come together across racial lines but not across class lines.
• C)It deepened the divisions of race and class already present in New Orleans society.
• D)It allowed the poor an access to wealth not previously available and allowed some to move into the middle class.
• E)It created a "new racism" in a city that was among the least racist in America.

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Definitions:

Owner's Equity

The amount of assets owned by a business's owner after all liabilities have been deducted.

Average Inventory

The mean amount of inventory a business holds over a certain period of time, calculated to understand inventory levels and turnover.

Financial Obligations

Commitments to pay money owed to lenders or creditors, which can include loans, leases, contracts, and other forms of debt.

Debt Ratio

A financial metric that measures the proportion of a company’s total debt to its total assets, indicating the company's leverage level.