Refer to the Following Table When Answering the Following Questions

question 79

Multiple Choice

Refer to the following table when answering the following questions.
Table 2.1: U.S. 2010 and 2015 Expenditures ($ billions)
-Consider Table 2.1. The household's share of total investment in 2010 was about ________ percent, and in 2015 it was ________ percent.

• A) 18; 21
• B) 97; 98
• C) 79; 81
• D) 4; 4
• E) Not enough information is given.

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Definitions:

IASB

The International Accounting Standards Board, responsible for developing and publishing the International Financial Reporting Standards (IFRS).

GAAP

Generally Accepted Accounting Principles; the standard framework of guidelines for financial accounting.

Standard-Setting

The process of establishing norms or regulations that dictate the quality and safety of products, services, or systems within an industry.

Political Considerations

These refer to the impact that politics and government policy can have on economic issues, investments, and the overall business environment.