What Were the Findings of Audit Studies Conducted by the U.S.Department

question 48

Multiple Choice

What were the findings of audit studies conducted by the U.S.Department of Housing and Urban Development about racial discrimination in housing?

• A)The mechanisms of housing discrimination that existed before the Fair Housing Act of 1968 are still the primary mechanisms of discrimination used today.
• B)Black home buyers were informed about far more properties than their white counterparts,though they were always in poorer neighborhoods.
• C)Banks supported racial integration by distributing high levels of loans to racially mixed areas.
• D)High levels of housing discrimination is still experienced by blacks,Hispanics,Asians,and Native Americans.

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Definitions:

Unit Variable Cost

The cost associated with producing one additional unit of a product, excluding fixed costs.

Price

Price is the amount of money charged for a product or service, or the sum of values that consumers exchange for the benefits of having or using the product or service.

Break-even Point

The level of production or sales at which total costs match total revenue, resulting in no profit or loss.

Fixed Cost

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.