Which of the Following Explains Why High-Income African Americans Are

question 40

Multiple Choice

Which of the following explains why high-income African Americans are more likely to support policies that are likely to help large numbers of low-income or underemployed African Americans?

• A)socioeconomic status
• B)collective action
• C)fatalism
• D)public opinion
• E)linked fate

---

Definitions:

Market Sector

A segment of the economy into which large groups of businesses and companies can be categorized based on their business activities.

Deadweight Losses

The loss of economic efficiency that can occur when equilibrium for a good or service is not achieved.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, typically measured as a percentage increase in real GDP.

Income Transfers

Transfers of money from one group to another not in exchange for goods or services, typically through government programs aimed at redistributing wealth.