The Widening Disparity Between the Rich and the Poor in the U.S

question 16

Multiple Choice

The widening disparity between the rich and the poor in the U.S. can be attributed to all of the following EXCEPT

• A) increased use of computer-assisted technology.
• B) a shift away from manufacturing jobs.
• C) an increase in union workers.
• D) an increase in two-career households.

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Definitions:

Land

A fixed asset representing the ownership of physical real estate or ground, not depreciated over time in accounting practices.

Machinery and Equipment

These are tangible assets used in the operations of a business, often involved in the manufacturing, production, or service delivery processes.

Land Improvements

Enhancements made to a parcel of land to increase its value or usability, such as landscaping, fencing, and installation of utilities, which are usually depreciable over their useful life.

Buildings

Structures erected to serve as premises for business, residential, or other purposes, considered as fixed assets on a balance sheet.