Which of the Following Statements Is True of Ethnic Microculture

question 78

Multiple Choice

Which of the following statements is true of ethnic microculture in the United States?

• A) Americans are unaware of their legacy beyond America.
• B) Consumption of products is affected by heritage.
• C) Immigrants are least likely to embrace their own culture.
• D) Acculturation process does not affect consumption.

---

Definitions:

Interest Rate

The slice of a loan that generates interest charges for the borrower, often cited as an annual percentage of the yet-to-be-paid loan amount.

Inflation

An economic condition characterized by a general increase in prices and fall in the purchasing value of money.

Utility Function

A mathematical representation of how different bundles of goods or services rank according to their utility (satisfaction) for an individual or entity.

Consumption

The use of goods and services by households or individuals, typically measured in economic studies to assess economic activity or well-being.