Determine the Truth Value for the Simple Statement Per Capita Spending on Vacations Was Higher in Region X

question 59

True/False

Determine the truth value for the simple statement. Then use these truth values to determine the truth value of the compound statement. Use the chart or graph when provided.
-In Region X, people are spending more on leisure activities. $$\begin{array}{l}\text { Annual per capita spending in dollars: }\\\begin{array} { l r r } \hline & 2000 & 2010 \\\hline \text { Movies } & 38 & 186 \\\text { Dining Out } & 95 & 492 \\\text { Vacations } & 502 & 1786 \\\text { Sporting Goods } & 149 & 343 \\\hline\end{array}\end{array}$$
Per capita spending on vacations was higher in Region X in 2010 than it was in 2000 or per capita spending on dining out was less in in Region X in 2010 than it was in 2000.

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Definitions:

Payments

The act of transferring money from one party to another in exchange for goods, services, or to fulfill a legal obligation.

Loan

A sum of money that is borrowed, usually from a financial institution, which requires repayment with interest over a set time frame.

Invested Funds

Money allocated into financial ventures with the expectation of achieving a profit or gaining an income.

Accumulate

The process of gathering or increasing an amount of something over a period of time.