Which of the Following Groups Has Experienced the Greatest Decrease

question 25

Multiple Choice

Which of the following groups has experienced the greatest decrease in poverty rates since 1959?

• A)the elderly
• B)children
• C)people 18 to 64 years old
• D)women
• E)none of the above (i.e., all of these groups have had higher poverty rates)

---

Definitions:

Deferred Income Tax

A liability recorded on the balance sheet to reflect taxes that are incurred but not yet paid, due to differences in accounting methods for financial reporting and tax purposes.

Income Tax Expense

Income Tax Expense is the amount of money that a company or individual owes to the government in the form of taxes on their income.

Tax Liability

The total amount of tax owed to governmental authorities.

Withdraw

The act of removing funds from an account, or taking back an offer or statement.