Figure 20-1 Number of Poor

question 95

Multiple Choice

Figure 20-1
Number of Poor
-Refer to Figure 20-1.Between 1965 and 2001,during recessions (the shaded bars) the number of individuals in poverty has

• A) increased.
• B) decrease.
• C) not changed.
• D) decreased and then increased.

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Definitions:

Marginal Cost

The additional cost incurred by producing one more unit of a product or service.

Incremental Cost

Incremental cost is the additional cost associated with producing one more unit of a product or service.

Operating Cash Flow

Operating cash flow is a measure of the cash generated by a company's regular business operations, indicating the company's ability to generate sufficient positive cash flow to maintain and grow its operations.

Net Present Value

The measurement of the profitability of an investment, calculated by subtracting the present values of cash outflows from the present values of cash inflows over a period of time.