Which of the Following Describes the Changes in the U

question 21

Multiple Choice

Which of the following describes the changes in the U.S. population ?

• A) Marriage rates have been dropping consistently since the end of World War II.
• B) Almost every American alive today has had a cohabiting relation with someone without being married to them.
• C) Almost half of all American children today are born to an unmarried mother.
• D) Almost half of all black children are born to an unmarried mother.

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Definitions:

Unamortized Premium

The portion of the bond premium that has not yet been amortized or gradually written off over the lifetime of the bond.

Liabilities Section

Part of a balance sheet that reports obligations the company owes to outside parties, including debts, loans, and other financial obligations.

Effective Interest Method

A technique used in accounting to allocate the interest expense or income over the life of a financial instrument such as a bond or a loan.

Bond Premium

The amount by which the market price of a bond exceeds its face value, often because it offers an interest rate higher than the current market rates.