Which of the Following Was an Effect of the Availability

question 69

Multiple Choice

Which of the following was an effect of the availability of air conditioning during the postwar years?

• A) major environmental benefits due to how little energy window-units used
• B) a decrease in the size of the middle class and in average income
• C) an increase in the population of the Sun Belt states
• D) widespread economic decline because customers were less likely to enter retail stores
• E) an increase in the population of the states in the Great Lakes region

---

Definitions:

Intrinsic Value

The actual value of a company, asset, or currency determined through fundamental analysis without reference to its market value.

Return

The gain or loss made on an investment over a specified period, typically expressed as a percentage of the investment’s initial cost.

ROE

Return on Equity, a measure of financial performance calculated by dividing net income by shareholders' equity, indicating how effectively a company uses investments to generate earnings growth.

Dividend Growth Rate

The annual percentage rate at which a company's dividend payments to shareholders increase.