US Cities Are Losing the Middle-Class and Increasingly House the Upper

question 33

True/False

U.S. cities are losing the middle-class and increasingly house the upper and lower classes.

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Definitions:

Residual Income

The profit left over after all necessary capital expenses are subtracted from the operating income, serving as an indicator of financial success.

Operating Assets

Resources used in the day-to-day functioning of a business that contribute to generating revenue.

Residual Income

The amount of income that exceeds the minimum return expected from a particular investment or operation.

Residual Income

The income that remains after deducting the cost of capital from the operating income.