The Term "Empty Nest" Is No Longer Used to Refer

question 14

Multiple Choice

The term "empty nest" is no longer used to refer to the middle adulthood phase of the family life cycle because __________.

• A) so many middle-aged adults in the United States are raising at least one grandchild
• B) it implies a negative transition
• C) the baby boomers are less financially secure and as a result often return home
• D) the majority of middle-aged people in the United States live alone

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Definitions:

Tile Sales

Revenue generated from the sale of tiles, typically used for flooring or walls.

Contra-revenue Account

An account that is used to record deductions from gross revenue, which results in net revenue.

Sales Discount

A reduction in the price of goods or services offered to a customer, typically to encourage prompt payment or bulk purchasing.

Debit Balance

The condition of an account when the total of debits exceeds the total of credits, typically indicating assets or expenses.