Peter, a Third-Generation Mexican American, Goes by This Name Instead

question 24

Multiple Choice

Peter, a third-generation Mexican American, goes by this name instead of his birth name (Pedro) because he does not speak Spanish and just finds it easier. He works as an architect and is married to a young woman of Korean descent who only speaks Korean with her parents. As a member of an ethnic minority whose life is no different from his White peers, Peter can be considered

• A) an illegal immigrant.
• B) socialized.
• C) diverse.
• D) assimilated.

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Definitions:

Net Income

The total profit or loss of a business after all expenses, taxes, and costs have been subtracted from total revenue.

Interest Expense

The cost incurred by an entity for borrowed funds over a specific period, including loans, bonds, or lines of credit.

Earnings Per Share

A company's net income divided by the number of outstanding shares of its common stock.

Net Income

The total earnings of a company after subtracting all expenses, including taxes and operational costs, from its total revenue.