What Demographic Change in the United States Will Cause Government

question 32

Multiple Choice

What demographic change in the United States will cause government spending to increase in the next 50 years?

• A) The population over 65 will grow.
• B) The population will be younger.
• C) Women will have fewer children.
• D) Immigration will increase.

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Definitions:

Direct Labor-Hours

The total time workers spend directly manufacturing a product.

Spending Variance

The difference between the actual spending and the budgeted or planned spending in a given period.

Catering Supplies

Items and ingredients needed for preparing and serving food in a catering setup.

Jobs

Individual units or projects within job costing systems, where costs are tracked separately to determine profitability.