Which of the following observations regarding ethnic shifts in the American market is FALSE?
A) Estimates indicate that Hispanics spend nearly $1 trillion a year.
B) Estimates indicate that African Americans spend nearly $1 trillion a year.
C) Estimates indicate that Asian Americans spend over $500 billion a year.
D) The buying power of ethnic submarkets is increasing rapidly.
E) None of these observations about ethnic shifts is FALSE.

Question

Quizplus · Accepted Answer

All the statements provided are true and reflect the significant economic impact and increasing buying power of various ethnic groups in the American market.

Which of the Following Observations Regarding Ethnic Shifts in the American