Which of the Following Groups Has the Highest Poverty Rate

question 386

Multiple Choice

Which of the following groups has the highest poverty rate?

• A)blacks
• B)Asians
• C)children (under age 18)
• D)female households, no spouse present

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Definitions:

Pay-outs

Pay-outs refer to amounts of money paid to someone, often as part of a settlement, as earnings or as a distribution from investments.

Limitation Clause

A provision in a contract that limits the amount of time within which a party can sue for breaches of the contract’s terms.

Insurance Contract

A legally binding agreement between an insurer and the insured, outlining coverage terms, conditions, and premiums.

Insurable Interest

The requirement that a policyholder must stand to lose financially if the insured event occurs, establishing a legal right to insure the item or life.