Term "Minority" Is Currently Defined as "A Relatively Small Group

question 322

Multiple Choice

term "minority" is currently defined as "a relatively small group of people who differ from others with respect to race,religion,language,or political persuasion." Why will the term have different implications in the future?

• A) There will be stronger limits on immigration, so the presence of minorities will be less noticeable.
• B) Members of Generation Y are more socially conscious and embrace diversity.
• C) The term "minority" has become politically incorrect.
• D) The meaning of the word won't change at all; the group with the smallest population, regardless of its absolute size, will always be labeled "minority."
• E) The size of most ethnic groups will double during the next two decades.

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Definitions:

Capital Cost Allowance (CCA)

A tax deduction in some jurisdictions for depreciation of assets, allowing businesses to write off the cost of assets over time.

Year-end UCC

The Undepreciated Capital Cost of an asset at the end of a fiscal year, relevant in tax calculations.

Net Capital Cost

The total cost of purchasing an asset including acquisition costs but net of any deductions, rebates, or subsidies.

Weighted Average Cost of Capital (WACC)

This is the average rate of return a company is expected to pay its security holders to finance its assets. WACC is the minimum return that a company must earn on an existing asset base to satisfy its creditors, owners, and other providers of capital.