The Term "Visible Minority" Is Complicated Because ________

question 18

Multiple Choice

The term "visible minority" is complicated because ________.

• A)it has racist connotations
• B)it is not considered a politically correct term
• C)minority status is relative. A visible minority in one part of Canada might be the majority in another
• D)minorities are determined by many more factors than the visible aspects of their culture/ethnicity
• E)all minorities are visible to some extent

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Definitions:

APS

Assumes "APS" refers to "Average Propensity to Save," which is the proportion of total income or output that is saved rather than spent on consumption.

Induced Consumption

Refers to the portion of consumer spending that increases or decreases in response to changes in income.

Disposable Income

The pot of funds households have at their disposal for saving and spending, post-income tax.

MPC

refers to the Marginal Propensity to Consume, which is the fraction of additional income that a household spends on consumption.