Multiple Births Have Increased Dramatically Since 1980, with the Birthrate

question 68

Multiple Choice

Multiple births have increased dramatically since 1980, with the birthrate for twins at ____ for every 1,000 births.

• A) 32
• B) 42
• C) 52
• D) 62

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Definitions:

Recourse Liabilities

Debts for which the borrower is personally liable, meaning creditors can pursue the borrower's other assets if the collateral does not cover the debt.

Nonrecourse Liabilities

Nonrecourse liabilities are obligations where the lender's recovery options in case of default are limited to the collateral securing the loan, not the borrower's other assets.

At-risk Amount

The maximum amount of money an individual could lose in an investment, which has implications for tax deductions on certain types of losses.

At-risk Amount

The amount of money an investor could lose in an investment, emphasizing the capital actually at risk.