According to the GSS, Between 1972 and 2000 the Percentage

question 2

Multiple Choice

According to the GSS, between 1972 and 2000 the percentage of married couples who had no children

• A)increased by over 10 percent
• B)decreased by over 10 percent
• C)remained about the same.

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Definitions:

Expected Profit Rate

The forecasted return or profit expressed as a percentage that a business or investment is projected to earn over a specific period.

Interest Rate

The percentage of an amount of money charged for its use, indicating the cost of borrowing money or the return on invested savings.

Savings Exceeds Investment

A situation in which the amount saved by households or organisations is greater than the amount being invested within the economy.

Recession

A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in GDP, real income, employment, industrial production, and wholesale-retail sales.