The Demographic Situation,consisting of Married Couples with Children Younger Than

question 232

Multiple Choice

The demographic situation,consisting of married couples with children younger than 18 years old and which constitutes 21 percent of all U.S.households,is referred to as a(n)

• A)traditional family.
• B)typical household.
• C)socialized household.
• D)reference group.
• E)ideal family unit.

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Definitions:

Identities

Characteristics, qualities, or beliefs that make a particular person or group different from others.

Equilibrium Interest Rate

The interest rate at which the quantity of money demanded is equal to the quantity of money supplied, leading to a balance in the money market.

Loanable Funds

The supply of money available for borrowing in the financial market, determined by savings and demand for borrowing.

Loanable Funds

The money available for borrowing, the supply of which is influenced by savings and demand for investment.