Which of the Following Role Commitments Is Reached Last by the Majority

question 48

Multiple Choice

Which of the following role commitments is reached last by the majority of young adults?

• A) financial independence
• B) residential independence
• C) commitment to a partnership
• D) becoming a parent

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Definitions:

Inflation

The rate of growth in the average cost of goods and services, which lowers the purchasing capacity.

Loses Value

A term referring to the decrease in worth of an asset or currency over time.

FDIC

The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation providing deposit insurance to depositors in U.S. commercial banks and savings institutions.

Savings and Loan

Financial institutions that primarily promote savings and provide loans for housing.