In 1970, _____ Couples in the United States Were Cohabitating

question 26

Multiple Choice

In 1970, _____ couples in the United States were cohabitating. In 2002, _____ couples in the United States were cohabitating.

• A) 3 million; 3.5 million
• B) 3.5 million; .5 million
• C) .5 million; 5.5 million
• D) 55 million; .5 million

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Definitions:

Income Tax

A government levy imposed on individuals or entities' income, varying widely by country, income level, and type of income.

Unamortized Discount

The portion of a bond discount that has not yet been expensed to interest expense over the life of the bond.

Redeemed

In finance, it refers to the repayment or buyback of a debt or security, such as a bond or a share, usually at the maturity date or beforehand.

Semiannual Interest

Interest that is calculated and paid twice a year on an investment or loan.