Use the Following to Answer Question(s): Income Distribution in the United

question 62

Multiple Choice

Use the following to answer question(s) : Income Distribution in the United States

-Since the late 1960s, a factor that is associated with the _______ in income _______ in the United States has been the _______ in the percentage of families headed by _______ .

• A) decrease; inequality; increase; women.
• B) increase; equality; increase; married couples
• C) increase; inequality; increase; women
• D) decrease; equality; increase; married couples

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Definitions:

Going Concern Assumption

An accounting principle that assumes a company will continue to operate and remain solvent for the foreseeable future, affecting its financial reporting.

Operating Indefinitely

A business condition where it is expected that the company will continue its operations without a foreseeable end.

Future Benefits

Expected economic advantages gained from current investments, actions, or decisions.

Business

An organization or enterprise engaged in commercial, industrial, or professional activities with the aim of generating profits.