The Divorce Rate

question 40

Multiple Choice

The divorce rate

• A) has been in decline for more the last three decades.
• B) continues to increase over time.
• C) will probably never level off.
• D) will always remain at 50 percent of first marriages.

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Definitions:

Recession

A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in GDP, real income, employment, industrial production, and wholesale-retail sales.

Interest Rate

The amount charged by a lender to a borrower for the use of assets, expressed as a percentage of the principal, over a specific period.

Subnormal Activity

Activities or economic conditions below the standard or average level, often indicative of a slowdown or recession.

John Maynard Keynes

A British economic thinker whose insights led to significant shifts in macroeconomic practices and the economic approaches of governments.