In the Last 15 Years,increases in Life Expectancy in the U.S.have

question 63

Multiple Choice

In the last 15 years,increases in life expectancy in the U.S.have been attributed largely to:

• A) conquering infectious disease.
• B) better diagnosis and treatment of degenerative diseases.
• C) prevention of infant mortality and premature births.
• D) reducing the gap between men and women.

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Definitions:

Net Income

The total earnings of a company after subtracting all expenses, taxes, and costs from total revenue.

Income Distribution

The allocation of earned income or revenue to various stakeholders, such as dividends to shareholders or wages to employees.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against an asset since it was put into use, representing how much of its value has been used up.

Allowance

A provision in accounting for a reduction in the value of receivables or inventories, often related to potential bad debts or damaged goods.