Women Entered the Labour Force in Large Numbers in the 20th

question 54

Multiple Choice

Women entered the labour force in large numbers in the 20th century and increased the economyʹs GDP.This change

• A)created inflationary gaps.
• B)created recessionary gaps.
• C)raised potential output.
• D)was only possible in an economy operating above normal rates of utilization.
• E)was only possible in an economy operating below normal rates of utilization.

---

Definitions:

Mutually Exclusive

Situations or options where the choice of one excludes the ability to choose any of the other options.

After-tax Cash Flows

After-tax cash flows are the net cash flows a company generates after accounting for taxes.

Salvage Value

Salvage value is the estimated resale value of an asset at the end of its useful life.

Equivalent Annual Annuity

The annual cash flow of an investment that yields the same present value as the investment’s costs, used in capital budgeting to compare the profitability of investments.