Which of the Following Is False

question 11

Multiple Choice

Which of the following is false?

• A)The U.S.has had twelve recessions since January 1945.
• B)The U.S.has had a great deal of stagflation in the 1970s.
• C)The U.S.has not had a depression since the 1930s.
• D)The U.S.had rising inflation all throughout the 1990s.

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Definitions:

Total Asset Turnover Ratio

A financial ratio that measures how effectively a company uses its assets to generate revenue.

Net Fixed Assets

The value of a company's property, plant, and equipment minus any accumulated depreciation, representing the actual value of the company's fixed assets.

Sales

The exchange of goods or services for money, representing the primary revenue generating activity of a business.

Total Asset Turnover Ratio

A financial metric that measures the efficiency of a company in using its assets to generate sales, calculated by dividing total sales by the average total assets.