Identify Each Speaker That Gives an Argument for Her Position

question 83

Short Answer

Identify each speaker that gives an argument for her position in the following passage.
Mother: If you are looking for a wise investment, try real estate. The price of housing has always risen faster than the rate of inflation.
Daughter: Maybe, but I'm skeptical. What's risen faster than the rate of inflation is the cost of land, not the cost of the structures put on it. Since the population isn't growing and the demand for land is declining, real estate may not be such a great investment any more.

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Definitions:

Net Income Before Taxes

The total earnings of a company before taxes have been deducted.

Gross Profit

The difference between revenues and the cost of goods sold before deducting overheads, taxes, interest, and depreciation.

Rate of Return on Total Assets

A financial ratio that shows how effectively a company uses its assets to generate profit, calculated as net income divided by total assets.

Total Assets

The sum of all resources owned by a company, measurable in monetary terms, and listed on the balance sheet.