Which of These Situations Is the Result of a Recession

question 72

Multiple Choice

Which of these situations is the result of a recession?

• A) Long-term job prosperity
• B) Growth of household income
• C) Fewer jobs lost
• D) Increased unemployment
• E) Increase in money held in savings

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Definitions:

Earnings Per Share

A financial metric that indicates the portion of a company's profit allocated to each outstanding share of common stock.

Cash Dividends

Distributions of a company's earnings to its shareholders in the form of cash.

Federal Income Tax

A tax levied by the IRS on the annual earnings of individuals, corporations, trusts, and other legal entities.

Double Taxation

The imposition of two or more taxes on the same income, asset, or financial transaction.