Which of the Following Is True About Poor Populations

question 66

Multiple Choice

Which of the following is true about poor populations?

• A)There are more poor whites than poor blacks.
• B)The poor are disproportionately black and Hispanic.
• C)The poor are more likely to be children than the elderly.
• D)All of the options are correct.

Identify different types of retirement and welfare plans covered under ERISA.

Recognize the fiduciary duties established by ERISA for individuals managing plan assets.

Understand the health care continuation coverage provisions under COBRA.

Identify the characteristics and purposes of managed care programs.

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Definitions:

Straight-line Amortization

A method of evenly spreading the cost of an intangible asset over its useful life.

Interest Payment

The amount paid by a borrower to a lender for the use of borrowed money, typically expressed as an annual percentage.

Semiannual Interest

Interest calculated and paid twice a year, often related to bonds or loans with fixed interest rates.

Straight-line Method

A technique for computing depreciation or amortization that evenly divides the asset's cost over its expected lifespan.