The Rise in the Number of People Within the U

question 103

Multiple Choice

The rise in the number of people within the U.S.who claim no religion indicates that:

• A) a very large percentage of Americans have no religious beliefs.
• B) as many as 20% of Americans are atheist.
• C) most people do not identify with the religion of their upbringing.
• D) some measures may overstate the importance of religion in the U.S.

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Definitions:

Accounting Profits

The sales revenues minus the expenses of a firm over a designated time period, usually one year. Accounting profits typically make allowances for changes in the firm’s inventories and depreciation of its assets. No allowance is made, however, for the opportunity cost of the equity capital of the firm’s owners, or other implicit costs.

Zero

Zero is a numerical value representing the absence of any quantity or magnitude; it plays a central role in mathematics and economics.

Corporate Form

A legal structure for a business, recognized by law as separate from its owners, with its own rights, privileges, and liabilities.

Business Revenues

The income generated from the sale of goods and services before any costs or expenses are deducted.