Economist Estimate That Between 1950 and 2000 the Average Amount

question 10

Multiple Choice

Economist estimate that between 1950 and 2000 the average amount of output per hour worked by a farmer was

• A)6 times higher in 2000 than in 1950.
• B)12 times higher in 2000 than in 1950.
• C)18 times higher in 2000 than in 1950.
• D)22 times higher in 2000 than in 1950.

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Definitions:

Earnings Per Share

A company's net profit divided by the number of its outstanding shares, indicating how much money each share makes.

Periodic Basis

An accounting method where transactions are recorded and financial statements are prepared at regular, specific intervals, such as monthly, quarterly, or annually.

Bondholders

Individuals or institutions that hold the debt securities issued by corporations or governments, entitled to receive interest payments and the principal repayment.

Premium Amortization

The gradual reduction of the premium paid above the par value of a bond, allocated over the bond's life.