Chapter 1's Picture This Features the "We're a Culture Not

question 20

Multiple Choice

Chapter 1's Picture This features the "We're a Culture Not a Costume" campaign launched by students at Ohio University who were upset at the types of Halloween costumes that some students were wearing.The poster campaign slogan,"You wear the costume for one night.I wear the stigma for life" refers to what belief?

• A) Stereotypes can be used in ascribing identity.When they are negative, they can label people for a lifetime in ways that reinforce prejudice and justify discriminatory behaviour.
• B) Halloween costumes are worn for one night as something playful and satirical and are not recognized as a real form of racism.
• C) The wearing of costumes at Halloween should be abolished, since it is a cultural practice that makes negative generalizations about aspects of people's identities.
• D) Stereotypes are generalizations that are generally harmless, just as Halloween costumes are generally harmless.

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Definitions:

M&M Proposition I

A principle of corporate finance stating that in a world without taxes, transaction costs, and bankruptcy costs, and in an efficient market, a firm's value is unaffected by its financing decisions.

Leverage

The use of borrowed funds to increase the potential return of an investment or project.

Cost of Equity

The rate of return a company must offer investors to compensate for the risk of investing in its stock.