Which One of the Following Groups Has a Below-Average Incidence

question 69

Multiple Choice

Which one of the following groups has a below-average incidence of poverty?

• A) persons who are divorced or separated from their spouse
• B) families headed by a female
• C) persons 18 to 24 years of age
• D) married-couple families

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Definitions:

Purchasing-power Parity

A theory in economics that states that exchange rates between currencies are in equilibrium when their purchasing power is the same in each of the two countries.

Nominal Exchange Rate

The rate at which one currency can be exchanged for another without adjusting for inflation.

Prices

The amount of money required to purchase a good or service.

Arbitrage

The simultaneous purchase and sale of the same asset in different markets to profit from tiny differences in the asset's listed price.