Economic Discrimination Against Minorities Exists When

question 301

Multiple Choice

Economic discrimination against minorities exists when

• A) minorities have less education and training than whites.
• B) minorities are paid less than whites on average.
• C) minorities are paid less than whites with the same education, experience, and training.
• D) minorities are in different occupations than whites.

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Definitions:

Tax Laws

are the legal rules and regulations governing how individuals, businesses, and other entities are taxed by the government.

Capital Gains

The profit from the sale of a capital asset, such as stocks or real estate, over its purchase price.

Residual Dividend Policy

A strategy for setting dividend payments based on the firm's residual or leftover equity after funding all its investment projects.

Debt-Equity Ratio

A financial ratio that shows the relative amounts of shareholders' equity and debt financing used to fund a company's assets.