Communities with Greater Income Inequality Tend to Have ________ Rates

question 502

Multiple Choice

Communities with greater income inequality tend to have ________ rates of crime and ________ rates of drug use.

• A) lower;higher
• B) higher;lower
• C) lower;lower
• D) higher;higher

---

Definitions:

Face Amount

The nominal or principal amount of a bond or other financial instrument, to be repaid at maturity.

Aging

The process of categorizing accounts receivable or inventory based on the length of time they have been outstanding or in stock, often used to identify potential issues.

Receivable

An amount that is owed to a company by its customers or clients, usually as a result of the sale of goods or services on credit.

Bad Debt Provision

An allowance for accounts receivable that may not be collected, representing an expense to account for credit sales that might not be paid.