Which Statement About the Changing Diversity in the United States

question 44

Multiple Choice

Which statement about the changing diversity in the United States is TRUE?

• A) Minorities now represent almost half of the population in the United States.
• B) In spite of increases in the Hispanic population,Hispanic buying power is expected to maintain its current level.
• C) Hispanics differ vastly from other groups in America in terms of consumer behavior.
• D) African American U.S.households are more affluent than previous studies suggested.
• E) Asian Americans are the slowest growing minority population.

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Definitions:

International Trade

The exchange of goods, services, and capital between countries and territories, influenced by comparative advantages and economies of scale.

Infant-Industry Argument

The economic rationale for protecting new industries with tariffs or other trade barriers until they become competitive internationally.

Tariff

A tax or duty to be paid on a particular class of imports or exports, used by governments to control trade and protect domestic industries.