Which of the Following Categories of the U

question 108

Multiple Choice

Which of the following categories of the U.S.population is LEAST likely to vote in national elections?

• A)African Americans
• B)white, non-Hispanic people
• C)Hispanic people
• D)All of the above categories are equally likely to vote.

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Definitions:

Endowment

The value that a property generates for its owner; in economics, it often refers to the initial allocation of goods and resources available to individuals.

Consumption

The consumption of products and services by families or personal users.

Price Change

A fluctuation in the market price of goods, services, or assets, which can be influenced by various factors including supply and demand, market sentiment, and news.

Utility Function

A mathematical representation that assigns a numerical value to each possible outcome or bundle of goods, indicating the level of satisfaction or utility derived.