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Gemiola [76]
3 years ago
9

According to the video, what is the combined purchasing power of nonwhite Americans? What percentage of the total U.S. economy d

oes this represent?http://www.pbslearningmedia.org/resource/5ec4b676-66e5-47bc-811f-26a5d53b7c59/the-new-mad-men-america-by-the-numbers-episode-8/
Social Studies
1 answer:
Akimi4 [234]3 years ago
6 0

Answer:

14%.

Explanation:

The combined purchasing power of nonwhite Americans is $3 trillion while on the other hand, the total U.S economy is $20.8 trillion so by calculation we know that this combined purchasing power of nonwhite Americans represents only 14% contribution in U.S economy. Purchasing power refers to the value of a currency that is expressed in terms of the quantity of goods or services that can by one unit of money.

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