Use the Figures to Answer the Following Question

question 18

Multiple Choice

Use the figures to answer the following question. Based on the age-structure diagrams in the figure and on the large population of baby boomers (a demographic cohort born at a reproductive peak after World War II between 1946-1964 in the United States) , which graph best reflects U.S. population in 20 years?

• A) A
• B) B
• C) C
• D) D

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Definitions:

Straight-Line

A method of calculating depreciation or amortization by evenly spreading the cost of an asset over its useful life.

Discontinued Item

A component of a company's operations that has been disposed of or is held for sale, and its earnings are separated out on the income statement.

MACRS

Modified Accelerated Cost Recovery System, a method of depreciation for tax purposes in the United States that allows faster write-offs of assets.

Straight-Line

A method of calculating depreciation of an asset, which allocates an equal amount of depreciation to each year of the asset's useful life.