Which of the Following Best Explains the Decline in Health

question 67

Multiple Choice

Which of the following best explains the decline in health insurance coverage for workers in the bottom quintile of earners from the 1980s to the 1990s?

• A)the increase in the population of children under age 18
• B)the growth of service sector jobs that have been increasingly unlikely to offer employer benefits
• C)lack of access to healthy food
• D)higher rates of heart disease, diabetes, and many types of cancer

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Definitions:

Statement of Retained Earnings

This report outlines the fluctuation in a company’s retained earnings over a particular accounting timeframe, incorporating elements like net profits and dividend distributions.

Cash Flow Statement

A financial document summarizing the total cash received by a company from its operational activities and external investments, alongside all expenditures on operations and investments within a specific timeframe.

Equipment Account

An account on a company's balance sheet that reports the value of the company's equipment used in operations, less any accumulated depreciation.

Posting

The process of recording financial transactions in the ledger of a company as part of the accounting cycle.