Which of the Following Factors Was Largely Responsible for the Fact

question 136

Multiple Choice

Which of the following factors was largely responsible for the fact that the entire U.S.economy did not mirror declines in the manufacturing sector during the 1970s?

• A) Automation of factories
• B) Growth of the service sector
• C) Improved foreign trade balances
• D) Reduction of long-term interest rates
• E) Low levels of unemployment

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Definitions:

Cash Outflows

Money spent or costs incurred by a business or individual, resulting in a decrease in cash reserves.

Straight-Line Depreciation

A manner for spreading out the cost of a tangible asset across its useful life in regular yearly installments.

Income Taxes

Income taxes are taxes imposed by governments on the income generated by businesses and individuals within their jurisdiction.

Operating Cash Inflow

Money generated from a company's regular business operations, indicating its capacity to maintain and grow operations.