Census Statistics Show That 72 Percent of Older Men Live

question 100

Multiple Choice

Census statistics show that 72 percent of older men live with a spouse,while only 42 percent of older women remain living with their spouses.What is one consequence of this gender difference?

• A)Poverty rates decline for older Americans in part because both spouses contribute to retirement income through Social Security and pension plans.
• B)Poverty rates are higher for older Americans in part because of the lower economic status of widowed women.
• C)Older men live longer if there is a wife in the home to take care of them.
• D)Older men are 30 percent more likely to remarry after the loss of a spouse.

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Definitions:

Variable Costs

Costs that vary in total directly and proportionately with changes in the activity level or volume of output.

Financial Advantage

The benefit or edge that a business or individual has that allows them to generate more income or wealth compared to others.

Fixed Manufacturing Overhead

Regular, consistent expenses that do not vary with production levels, such as salaries of supervisors and rent for factory facilities.

Financial Advantage

The benefit obtained from making specific financial decisions or investments, often measured in terms of profit, savings, or a more favorable financial position.