Which of the Following Statements Is Not Correct

question 14

Multiple Choice

Which of the following statements is not correct?

• A) The U.S.is experiencing an increase in the types of jobs where workers identify and solve new problems.The wages for these jobs are also rising.
• B) The U.S.is experiencing an increase in personal service jobs.The wages for these jobs are also rising.
• C) Technological advancements have replaced many routine jobs such as bank tellers and telephone operators.
• D) Manufacturing employment has decreased world-wide.

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Definitions:

Income Tax Rate

The percentage of an individual's or corporation's income that is paid to the government as tax.

Net Profit

The financial gain remaining after subtracting all operating expenses, interest, taxes, and any other charges from total revenue.

Income Tax Rate

The rate at which an individual or business's income is taxed by the government, similar in essence to Tax Rate but specifically applied to income.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time.