By Mid-Century, the Percentage of Hispanics (Of Any Race) in the U.S.population

question 5

Multiple Choice

By mid-century, the percentage of Hispanics (of any race) in the U.S.population is expected to ______, and the percentage of non-Hispanic whites is expected to ______.

• A)stay the same; increase
• B)double; decrease
• C)decrease; increase
• D)double; increase slightly
• E)stay the same; decrease

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Definitions:

Demand Curve

A graphical representation of the relationship between the price of a good and the quantity demanded by consumers.

Infinity

A concept in mathematics and physics that refers to a quantity without bound or end.

Unit Elastic

A situation where a percentage change in the price of a good causes an equal percentage change in the quantity demanded or supplied.

Total Revenue

The total amount of money received by a company from sales of goods or services, before any costs or expenses are subtracted.