Which of the Following Was the Most Significant Change in the U.S

question 19

Multiple Choice

Which of the following was the most significant change in the U.S. labor force during the last half of the twentieth century?

• A) substantial decreases in the number of workers who are under 55
• B) increases in the percentage of U.S. citizens of Hispanic origin
• C) the increasing number of African-Americans at all levels within the workforce
• D) the steady increase in the percentage of employed males
• E) the rapid increase in the number of female workers

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Definitions:

Variable Cost

Costs that vary directly with the level of production or output, such as raw materials and labor expenses, adjusting as the volume of production increases or decreases.

Credit Policy

Guidelines that a company follows to determine the creditworthiness of customers and the terms and conditions for extending credit.

Incremental Cash Flow

The extra money a company gains by embarking on a project or investment.

Credit Policies

Guidelines a company follows to determine credit terms for customers, including who is eligible for credit and on what terms.