According to the Text,which Statement Best Describes Current Trends

question 39

Multiple Choice

According to the text,which statement best describes current trends?

• A) A single worker's real wages have not increased.
• B) The gap between rich and poor families is growing wider.
• C) National unemployment rates have steadily risen.
• D) Income inequality has increased,but only a little.

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Definitions:

Depreciation Expense

The portion of the cost of a fixed asset deducted from revenue of the period, reflecting the use and wear and tear of the asset.

Cash Dividends

A rephrase: A form of profit-sharing where a corporation distributes a portion of its earnings to shareholders in the form of cash.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for an asset over its life up to a specific date.