A Typical Two-Parent Middle-Class Family Spends About $________, Pre-Tax, to Raise

question 33

Multiple Choice

A typical two-parent middle-class family spends about $________, pre-tax, to raise a child to age 18.

• A)$55,000
• B)$86,000
• C)$112,000
• D)$153,000
• E)$220,000

---

Definitions:

Disbursements

Money paid out by a business or organization for various purposes, including operating expenses, investments, and dividends.

Fixed Cost

Costs that do not fluctuate with changes in production level or sales volume, such as rent or salaries.

Miller-Orr Model

A financial model used to manage cash flows and determine optimal cash reserves for a company.

Monthly Disburses

This refers to the process of distributing or paying out funds at regular monthly intervals.