Ethnocentrism Is a Strong Self-Identification with One's Race or Ethnicity

question 137

True/False

Ethnocentrism is a strong self-identification with one's race or ethnicity, often to the exclusion of other personal characteristics.

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Definitions:

Externality

A cost or benefit that affects a party who did not choose to incur that cost or benefit, often seen in environmental and public goods scenarios.

After-tax Proceeds

The net amount received after taxes are deducted from the gross proceeds of a sale or transaction.

Tax Shield

A deduction allowed by the tax laws that lowers a person's or corporation's taxable income and thus their tax liability.

Incremental Cash Flow

Those cash flows that arise solely from the asset that is being evaluated.