Demographic Changes Have Increased the Likelihood of Divorce in the U.S

question 29

Multiple Choice

Demographic changes have increased the likelihood of divorce in the U.S. The primary example of this is:

• A) the aging of the U.S. population, that results in later age at first marriage.
• B) longer life expectancy which increases the length of many marriages beyond what they would have been in the past.
• C) the decreasing number of children that forces couples to focus more on each other.
• D) the skewed sex ratio that gives women many more choices for potential partners.

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Definitions:

Real Interest Rate

The rate of interest an investor expects to receive after allowing for inflation, reflecting the true cost of borrowing and the real yield on an investment.

Purchasing Power

A currency's value measured by the volume of goods or services purchasable with one monetary unit.

Bank Account

A financial arrangement made with a banking institution where funds can be deposited for safekeeping, which can include various types such as savings, checking, and deposit accounts.

Nominal Interest Rate

The interest rate before adjustment for inflation, representing the face value of financial transactions.