Which One of the Following Statements About the Average Exurbanite

question 103

Multiple Choice

Which one of the following statements about the average exurbanite is not true?

• A) S/he is white.
• B) S/he is middle income.
• C) S/he is single.
• D) S/he travels two or more hours a day for work.
• E) S/he owns a large house outside of an expensive metropolitan suburb.

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Definitions:

Switch Break-Even Point

This term refers to the point at which the cost savings or revenue from changing a system or product equals the costs associated with the change.

Variable Cost

Charges that fluctuate according to the volume of production.

Monthly Interest Rate

The interest rate for a period of one month, often used to calculate the interest on loans and financial products on a monthly basis.

Cash Basis

An accounting method where revenues and expenses are recognized only when cash is received or paid.