Which of the Following Workforce Groups Will Increase the LEASTin

question 44

Multiple Choice

Which of the following workforce groups will increase the LEASTin size between 2006 and 2016?

• A) 25 to 54 year olds
• B) 55 to 64 year olds
• C) 65 to 74 year olds
• D) 75 years and older
• E) ​Total, 16 years and older

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Definitions:

Accrual Basis

An accounting method that records income and expenses when they are earned or incurred, regardless of when cash transactions happen.

Plan Assets

Plan assets refer to the pool of assets that are held by a pension fund or other employee benefit plan to fund the benefits owed to participants.

Discount Rate

The interest rate used in discounted cash flow analysis to determine the present value of future cash flows.

Expected Long-Term Rate

An estimate of the rate of return or interest rate over a long-term investment or obligation.