Which of the Following Statements Is True Concerning Housing for Immigrants

question 43

Multiple Choice

Which of the following statements is true concerning housing for immigrants?

• A)There was a lack of decent housing in densely populated cities.
• B)Most families lived in very small apartments with only two bedrooms and a kitchen.
• C)Immigrant families moved in together in order to afford larger houses.
• D)Most couples did not have children and therefore needed less room.

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Definitions:

Net Operating Income

The net profit of a business is calculated by deducting operating expenses from the gross profit and before accounting for interest and taxes.

Sales Volume

The number of units sold within a reporting period, used as a measure of business activity.

Margin of Safety

The difference between actual sales and the break-even point, indicating how much sales can drop before a company incurs a loss.

Break-even Sales

The instance at which all costs are balanced by all revenues, resulting in neither gain nor loss.