What Explains the Rise in Income in the U

question 78

Multiple Choice

What explains the rise in income in the U.S. between 1900 and 2010?

• A) business cycles
• B) economic growth
• C) recessions
• D) depressions
• E) the purchasing power of the dollar

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Definitions:

Circle Graph

A circular chart divided into sectors, each representing a proportion of the total; also known as a pie chart.

Sales Revenues

The total amount of money generated from the sale of goods or services before any expenses are subtracted.

Prescription Medicine

Medications that can only be obtained with a written order from a licensed healthcare provider.

Histogram

A graphical representation of data that groups numbers into ranges, showing the frequency of data points within those ranges as bars.