Which of the Following Is True About Minorities and Economics

question 34

Multiple Choice

Which of the following is true about minorities and economics?

• A) Home ownership is equal between blacks and whites
• B) Black high school graduates are less likely than white high school graduates to complete college, even when their families' incomes are similar
• C) Most minorities with higher incomes have been in the middle and upper classes for generations
• D) Many minority group members are in positions of power in major corporations

---

Definitions:

Inventory

The raw materials, work-in-process products, and finished goods that a company holds for the purpose of sale in the near future.

Net Loss

A situation where total expenses exceed total revenues during a specific period, resulting in negative profit.

Net Cash Flow

The difference between a company's cash inflows and outflows within a specific period.

Operating Activities

Transactions related to the core business operations of a company, including revenue-generating activities and expenses necessary for generating revenue.