Which of the Following Is NOT an Accurate Statement About

question 101

Multiple Choice

Which of the following is NOT an accurate statement about ethnic groups in the United States?

• A) People from different ethnic groups may be influenced by different cultural variables.
• B) 1 out of 5 families speaks a language other than English at home.
• C) African-Americans outnumber Hispanics in the U.S. by two to one.
• D) Ethnic groups are growing at a faster rate than the population as a whole.
• E) Already, more than 41 percent of American children are African American, Hispanic, or Asian.

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Definitions:

Price Ceiling

A government-imposed limit on how high a price can be charged on a product, aiming to keep essential goods affordable.

Quantity Demanded

The total amount of a good or service that consumers are willing to purchase at a given price over a specified period.

Quantity Supplied

The amount of a good that producers are willing and able to sell at a given price over a specified period.

Price Ceiling

A legal maximum price set by the government for certain goods or services, aimed at preventing prices from rising too high.