Which Statement Is True

question 117

Multiple Choice

Which statement is true?

• A)The average workweek is about 50 percent lower than it was in 1900.
• B)The average workweek is about the same as it was in 1900.
• C)Most Americans work more hours per year than do most Western Europeans.
• D)Most American workers work less hours than workers in other industrialized countries.

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Definitions:

Yearly Expense

The total amount of money spent by a business or individual over the course of a year, including operational, administrative, and living expenses.

Old Equipment

Machinery or tools that have been used for a long period and may be outdated or less efficient compared to newer versions.

Calculate

Calculate involves using mathematical or statistical methods to determine or assess a particular value, quantity, or outcome based on given data or parameters.

Opportunity Costs

The cost of forgoing the next best alternative when making a decision.