All of the Following Contributed to the U

question 144

Multiple Choice

All of the following contributed to the U.S. recession of 2001 except

• A) a decrease in business investment both for computers and software and in structures.
• B) an appreciation in the value of the U.S. dollar relative to the currencies of its trading partners.
• C) an increase in new residential construction.
• D) a fall in stock market prices.

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Definitions:

Sales

The total amount of revenue generated from selling goods or services over a specific period.

Other Income

Income derived from activities that are not part of a company’s primary business operations.

Operating Activity

Operating activity involves the primary functions of a business that relate to its provision of goods and services to the market.

Expenses

Assets used up or services consumed in the process of generating revenues.