Which of the following statements is most correct?
A)Corporate after-tax profits rose from $473.8 billion in 2006 to $616.2 billion in 2008.This rise coincided with the 2007-09 financial crisis.
B)Corporate after-tax profits remained about the same at $500 million between 2006 and 2008.
C)Corporate after-tax profits declined from $616.2 million in 2006 to $473.8 million in 2008.This decline coincided with the 2007-09 financial crisis.
D)Corporate after-tax profits rose from $473.8 million in 2006 to $616.2 million in 2008.This rise coincided with the 2007-09 financial crisis.
E)none of the above.

Question

Quizplus · Accepted Answer

The financial crisis of 2007-09 led to a decline in corporate profits, not a rise. The figures in the options are inconsistent with the general economic trend during that period.

Which of the Following Statements Is Most Correct