According to the Text,the Social Meaning of Childbearing in the United

question 7

Multiple Choice

According to the text,the social meaning of childbearing in the United States has changed dramatically over the past several decades.Which of the following statements is evidence of this change?

• A)The birth rate has increased.
• B)Teen pregnancy is more prevalent.
• C)There are greater variations in family values.
• D)Adoptions have increased.

---

Definitions:

Personal-Use Property

Items owned for personal enjoyment or use, such as a residence or car, that typically do not qualify for tax deductions or depreciation.

FMV

Fair Market Value is an estimate of the market value of a property or asset, based on what a knowledgeable, willing, and unpressured buyer would likely pay to a knowledgeable, willing, and unpressured seller.

§179 Expense

A section of the U.S. tax code that allows a business to deduct the full purchase price of qualifying equipment or software within the tax year.

Business Assets

Economic resources or items of value owned by a company that are expected to provide future benefits or profits.