Which of the Following Statements About Ethnic Differences in the U.S

question 91

Multiple Choice

Which of the following statements about ethnic differences in the U.S. is FALSE?

• A) About 1 out of 5 families speaks a language other than English at home.
• B) Brand preferences vary for some ethnic groups.
• C) Differences in attitudes, experiences, and values come together to shape differences in buying behavior.
• D) The Asian American market has grown fast and now exceeds the Hispanic market in size.
• E) In Los Angeles and San Jose, California, almost 60 percent speak another language.

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Definitions:

Price Ratio

The relationship between the prices of two goods, indicating how many units of one good can be exchanged for one unit of the other.

Utility Ratio

The comparison of the utility (satisfaction) received from one choice relative to another.

Capital Goods

Physical assets used by businesses to produce goods and services, such as machinery, buildings, and equipment.

Investment

In economics, spending for the production and accumulation of capital and additions to inventories.