Data Examining the Change in Real Family Income Show That

question 32

Multiple Choice

Data examining the change in real family income show that family incomes from 1979 to 2005 have

• A)decreased the most for those who make the most money.
• B)decreased evenly across all income levels.
• C)increased the most for those who make the most money.
• D)grown evenly across all income levels.

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Definitions:

Investing Activities

Investing activities are financial transactions related to the acquisition or sale of long-term assets or investments not related to the core business operations.

Financing Activities

Transactions and events affecting the equity and debt of the company, usually related to borrowing, repaying, and issuing equity.

Noncash Investing

Investment activities that do not involve the immediate outlay of cash, such as the exchange of one asset for another.

Financing Activities

Transactions and events that affect the long-term liabilities and equity of a company, including issuing shares, borrowing money, and repaying debt.