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Over the last 100 years which of the following had growth rates higher than that of the United States?
Variable Costs
Costs that change in proportion to the level of goods or services a business produces or sale, such as materials and labor.
Sales
The total amount of goods or services sold by a company within a specific period, generating revenue.
Operating Leverage
A financial ratio that measures the degree to which a firm can increase operating income by increasing revenue, highlighting the fixed versus variable costs structure.
Financial Leverage
The use of borrowed funds to increase the potential return on investment, amplifying both potential gains and losses.
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