Which of the Following Is True of Grandparents Caring for Grandchildren

question 17

Multiple Choice

Which of the following is true of grandparents caring for grandchildren?

• A) Fewer grandparents are caring for grandchildren now than in 2000.
• B) Grandparents usually have the same access to help from their employers as do parents.
• C) Grandparents caring for grandchildren have access to "parental" assistance that is equal or very similar to the assistance parents typically receive.
• D) Almost 40% of grandparents caring for grandchildren have been caring for them for more than 5 years.

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Definitions:

Deposits Reserve

Funds that banks are required to hold in reserve, either in their vaults or at a central bank, as a safeguard against bank runs and to ensure liquidity.

Greenbacks

A term historically used to refer to paper currency issued by the United States during the Civil War, recognized by their green coloring.

Gold Standard

A monetary system in which the value of a country's currency is directly linked to gold, ensuring stability and trust in the currency.

Time Deposits

A financial product provided by banks that offers a higher interest rate in exchange for keeping a specified amount of money untouched for a predetermined period.