According to the Data on Real U.S.GDP

question 2

Multiple Choice

According to the data on real U.S.GDP,

• A)economic growth has been irregular, with some periods of downturns.
• B)economic growth has been consistent, but with a few downturns.
• C)economic growth has been extremely rapid, but also includes major collapses.
• D)economic growth has been slight, but downturns have also been eliminated.

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Definitions:

Total Equity

The total net worth of a company, calculated as the difference between total assets and total liabilities.

Profit Margin

A financial metric that measures the amount of net income earned with each dollar of sales by calculating the percentage of profit generated from revenue.

Return On Assets

A ratio that measures a company's net income relative to its total assets. It indicates how efficiently a company is using its assets to generate profits.

Net Income

The company's overall earnings, calculated by taking away all taxes, costs, and expenses from its total revenue.