From 1944 to 2001,the Number of Workers Employed in Manufacturing

question 94

Multiple Choice

From 1944 to 2001,the number of workers employed in manufacturing in the United States

• A)fell from about 38 percent to about 12 percent.
• B)remained fairly steady at around 24 percent.
• C)plummeted from over 75 percent to less than 5 percent.
• D)slightly increased from roughly 17 percent to 19 percent.

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Definitions:

Par Value

A nominal value assigned to a security by the issuer, which may or may not reflect its actual market value.

Issue Price

The price at which new shares are offered to the public or bonds are sold, which may be above or below the par value.

Cash Proceeds

Cash proceeds are the total amount of money received from transactions, which may include sales, financing, or the sale of assets.

Carrying Value

The book value of an asset as reported in the balance sheet, calculated as the original cost minus accumulated depreciation.