Which of the Following Statements Is True of Marriage and Divorce

question 20

Multiple Choice

Which of the following statements is true of marriage and divorce rates in the United States?

• A) Those with a high school diploma or less are more likely to marry than cohabit.
• B) Increasingly, the highly educated are marrying those with a high school diploma or less.
• C) The median age at first marriage is 21 for men and almost 23 for women, down from 27 for men and 30 for women in 1970.
• D) Americans with a bachelor's degree or higher have lower divorce rates than those without college degrees.
• E) College graduates have high divorce rates because they marry early.

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Definitions:

Raw Material Purchase

The process of acquiring the basic materials needed for production of goods.

Fixed Manufacturing Overhead

Fixed manufacturing overhead costs are those production expenses that do not vary with the volume of production, such as salaries of managerial staff and rent of the factory.

Budgeted Fixed Manufacturing Overhead

The predetermined amount of fixed overhead expenses expected to be incurred in the manufacturing process.

Net Operating Income

Profit of a business after all operating expenses, excluding taxes and interest, have been deducted from total revenue.