A City Undergoing Gentrification Is Experiencing ________________

question 18

Multiple Choice

A city undergoing gentrification is experiencing ________________.

• A)the loss of working -class people from traditional neighborhoods as housing prices become too expensive
• B)urban decay
• C)white flight
• D)an aging population and a declining tax base
• E)an increase in violent crimes and an increase in vacancy and abandonment of homes

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Definitions:

External Sales

Sales made to customers outside of the company, as opposed to internal transactions within the company.

Total Assets

The sum of all the assets owned by a company, including both current and non-current assets.

Return on Investment

A financial metric used to measure the profitability or efficiency of an investment, calculated by dividing net profit by the initial cost of the investment.

Required Rate

The minimum rate of return that an investment or project must offer to be considered viable or attractive.