Which Statement About the Changing Ethnicity in the United States

question 103

Multiple Choice

Which statement about the changing ethnicity 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:

Complementary Brands

Brands that offer products or services that enhance or are necessary for the use of another product, creating mutual demand.

Increase Profits

The action or strategy aimed at boosting a company's earnings above its current levels.

Substitutable Product

A product that can be replaced or substituted with another product by consumers, often due to similar functions or characteristics.

Insensitive

Describes a reaction or response that does not change significantly despite changes in external conditions or stimuli.