Citi Says Racial Inequality Costs U.S. Economy $16 Trillion

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Business, Social Studies
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the estimated economic loss due to racial economic gaps in the US over the past 20 years?
$16 trillion
$20 trillion
$25 trillion
$10 trillion
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why did the speaker avoid putting their photograph in the Citigroup email system?
Fear of being judged based on appearance
Lack of a professional photograph
Company policy against personal photos
Privacy concerns
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one suggested way corporations can help close economic gaps?
Hire more employees
Focus solely on profit maximization
Ensure diverse boards and equitable pay
Increase product prices
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the impact of not having access to housing in areas with great schools?
It affects career choices and long-term income
It has no impact
It guarantees job security
It leads to immediate wealth
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common issue faced by black entrepreneurs when seeking loans?
Excessive loan amounts
Difficulty in loan approval
High interest rates
Easy approval process
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant challenge for people of color in venture capitalism?
Lack of interest in entrepreneurship
Too many competitors
Difficulty forming relationships with investors
Overabundance of funding opportunities
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How have policymakers reacted to the report on economic gaps?
They ignored it
They criticized it
They showed positive feedback and interest
They requested a revision
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