Which of the Following Statements Is True of Divorce

question 11

Multiple Choice

Which of the following statements is true of divorce?

• A) The divorce rate is three times higher than in 1960.
• B) More than half of couples will divorce before their twenty-first anniversary.
• C) The median age that men divorce is about 31 years old.
• D) All of these.

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Definitions:

Investment

The allocation of resources, usually financial, in expectation of generating an income or profit in the future.

Money Supply

The overall financial resources quantity in an economy at a specified time.

Interest Rate

The percentage of a sum of money charged by a lender to a borrower for the use of money, typically expressed as an annual percentage.

Quantity of Money Demanded

The total amount of money that households and businesses in an economy want to hold at a given time, based on interest rates and economic activity.