As a Result of Population Shifts Since the 1950s,what American

question 90

Multiple Choice

As a result of population shifts since the 1950s,what American regions now have the majority of the population of the U.S.?

• A) Midwest and West
• B) Midwest and South
• C) North and South
• D) North and West
• E) South and West

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Definitions:

Straight-line Method

A depreciation method that allocates the cost of an asset evenly over its useful life, resulting in a constant annual depreciation expense.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the decrease in the asset's value over time.

Salvage Value

Salvage value is the estimated resale value of an asset at the end of its useful life.

Useful Life

The estimated period over which an asset is expected to be used before it needs to be replaced or has significantly depreciated.