Those Who Support Affirmative Action Believe

question 36

Multiple Choice

Those who support affirmative action believe:

• A) That it is a form of reverse discrimination against whites
• B) That it is a quota system which helps the least qualified minorities get jobs and education
• C) That the net effect of failing to consider race in admissions and hiring decisions is to discriminate against minorities
• D) That this is a permanent program that will always be needed

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Definitions:

Market Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price in a given market period.

Equilibrium Price

The price point at which the demand for a product matches the supply, leading to market stability.

Future Supply

Refers to the anticipated quantity of goods or services that will be available in the market at future dates.

Equilibrium Quantity

The amount of goods or services available matches the amount people want to buy at the current market price.