Two Striking Features of a Graph of U

question 38

Multiple Choice

Two striking features of a graph of U.S. real GDP per capita over the twentieth century are the:

• A)overall upward trend interrupted by a large downturn in the 1930s.
• B)nearly constant level with a large downturn in the 1930s.
• C)downward trend in the first half of the century followed by the upward trend in the second half.
• D)constant level in the first half of the century followed by the upward trend in the second half.

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Definitions:

Cost Reduction

A strategic financial action aimed at decreasing expenses to improve profitability.

Stock Acquisition

The process of obtaining ownership in a company by purchasing its stock.

Cash Acquisition

The process of acquiring another company or its assets using cash as a means of payment rather than stocks or other forms of compensation.

Amalgamation

The process of combining two or more companies into a single new entity, typically to enhance competitive strengths or streamline operations.