The Most Significant Sociodemographic Change That Led to the Development

question 43

Multiple Choice

The most significant sociodemographic change that led to the development of an alternative to the traditional family life cycle was:

• A) couples were getting married later.
• B) couples were having children later.
• C) couples were remaining childless.
• D) the increasing numbers of non-traditional households.

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Definitions:

Payback Period

The length of time it takes for an investment to generate enough cash flow to recover its initial cost.

Present Values

Present Values represent the current value of a future amount of money or stream of cash flows given a specified rate of return.

Capital Projects

Long-term investment projects undertaken by a business or organization to build, add, or improve on their capital assets.

Mutually Exclusive

Refers to a situation where the selection of one option automatically excludes the possibility of choosing any other option.