Which of the Following Is Not a Possible Cause of the Increase

question 3

Multiple Choice

Which of the following is not a possible cause of the increase in economic inequality over the past several decades?

• A) the decline of labor unions
• B) tax policies
• C) the collapse of the domestic high-tech industry
• D) globalization
• E) computerization

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Definitions:

Long-Term Assets

Assets that will not be converted into cash within one year.

Patents

Legal documents granted by governments giving inventors exclusive rights to their inventions, preventing others from making, using, or selling the invention without permission for a certain period.

Short-Term Assets

Assets that will be converted into cash within one year.

Prepaid Expenses

Payments made for goods or services to be received in the future, recognized as assets on a balance sheet until they are incurred as expenses.