Which of the Following Statements About the American Household Is

question 204

Multiple Choice

Which of the following statements about the American household is most accurate?

• A) The structure of the American household has not changed significantly since 1960.
• B) With a drop in the divorce rate, almost 58 percent of households today are married couples with children.
• C) The number of households with working fathers and "stay-at-home" moms has recently begun to increase again and makes up almost 25 percent of all American households.
• D) One of the fastest-growing types of households are those with an adult child who has moved back home with his or her parents.
• E) The percentage of households with married couples has increased from 50 percent in 1960 to 75 percent today.

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Definitions:

Budget Line

A graphical representation of all possible combinations of two goods that can be purchased with a given level of income, reflecting the trade-off between them.

Monthly Income

The total amount of income an individual or household receives in one month from all sources, including wages, salaries, benefits, and investments.

E-Books

Electronic copies of literature accessible for reading on devices like e-readers, tablets, or computers.

Sports Tickets

Printed or electronic vouchers that grant the holder admission to a sporting event.