Which of the Following Statements Concerning Minority Groups Is True

question 57

Multiple Choice

Which of the following statements concerning minority groups is true?

• A)Any group that is less than 50 percent of the population is considered a minority group.
• B)Sociologists consider people with blue eyes a minority group.
• C)Minority groups have some sense of group solidarity.
• D)In the middle of the nineteenth century, Irish immigrants to the United States were immediately accepted as part of the dominant group.
• E)Asians and Jews experience much more discrimination now than in the past.

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Definitions:

Externalities

Economic impacts on bystanders not directly engaged, with potential for both positive and negative outcomes.

Transaction Costs

The expenses incurred when buying or selling goods and services, which can include fees, commissions, and the costs of the time and effort involved in making the transaction.

Coase Theorem

A principle stating that if trade in an externality is possible and there are no transaction costs, bargaining will lead to an efficient outcome regardless of the initial allocation of property rights.

Externalities

Monetary consequences or side effects that touch upon third parties not directly engaged, with potential for both positive or negative outcomes.