Which of the Following Statements Is True of the Population

question 42

Multiple Choice

Which of the following statements is true of the population over the age of 65?

• A) The fastest growing segment of the entire U.S.population is the over-85 group.
• B) There are more men than women in all segments of elderly population.
• C) There are fewer baby boomers over the age of 65.
• D) The average age of this group is getting lower.

---

Definitions:

Modified AGI

An adjusted gross income figure used for specific tax calculations, modified by adding back certain deductions and exclusions.

Self-employment Tax

The tax self-employed individuals must pay to cover their Social Security and Medicare obligations.

Gross Earnings

The total amount of money an individual earns before any deductions or taxes are applied.

Employment Test

A criterion or series of criteria used to determine the status of individuals as employees or independent contractors for tax and legal purposes.