One of the Reasons Mass Transit Was Significant to Developing

question 49

Multiple Choice

One of the reasons mass transit was significant to developing cities was because:

• A) it increased the reliance on horse-drawn transportation
• B) it allowed larger numbers of people to become commuters and live away from the central city
• C) it stifled the growth of the city by drawing jobs to the periphery
• D) it prevented parks from being built inside city limits
• E) it kept the population of women living in the city very low

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Definitions:

Net Cash Flow

The difference between a company's cash inflows and outflows over a period, indicating overall liquidity.

Compound Interest

Interest calculated on the initial principal and also on the accumulated interest of previous periods, leading to exponential growth of the investment or loan.

Present Value

The current value of a future amount of money or stream of cash flows, given a specified rate of return.

Required Rate

The minimum return or yield an investment must offer to be considered viable, often referred to as the required rate of return.