Which of the Following Would Be Considered a Social Category

question 3

Multiple Choice

Which of the following would be considered a social category?

• A) African Americans
• B) a group of soldiers who recently returned from war
• C) neighbors who host regular block parties together
• D) two friends who are freshmen at the same college

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Definitions:

Tax Rate

This is the proportion of income that is taken by the government as tax, impacting both individuals and businesses.

CCA Class

Refers to the classification system used for Capital Cost Allowance, determining the depreciation rate for tax purposes on different types of assets in Canada.

Operating Costs

Refers to the expenses associated with the day-to-day functioning of a business, including costs of goods sold, administrative expenses, and other operational expenses.

Equivalent Annual Cost

A financial assessment tool used to compare the cost effectiveness of two or more projects with different lifespans by normalizing their costs into annual equivalents.