Which Statement Is True

question 146

Multiple Choice

Which statement is true?

• A)Employment discrimination has ceased to exist.
• B)Women working full time now earn virtually the same amount as men.
• C)The poverty rate for blacks and Hispanics is three times the poverty rate for whites.
• D)Property income is mainly paid in the form of rent.

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Definitions:

Investment Of Land

The act of spending money to purchase land as an investment, with the expectation that it will appreciate in value.

Accounting Equation

The foundational principle of accounting stating that Assets = Liabilities + Owner’s Equity, representing the structure of a balance sheet.

Cash Withdrawal

The act of taking money out of a bank account or cash reserve.

Accounting Equation

The foundational equation in accounting, Assets = Liabilities + Equity, representing the relationship between a company's resources and its sources of financing.