Census Data Reveals That the Multigenerational Household,which Includes Three or More

question 54

True/False

Census data reveals that the multigenerational household,which includes three or more generations,is the fastest-growing household arrangement in the U.S. ,and increased more than a third between 1990 and 2000.

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Definitions:

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials and labor expenses.

Cash Basis

A financial recording approach that logs income and expenditures at the time of actual receipt or payment, rather than when they are earned or owed.

Investing Activities

Transactions and events related to the acquisition and disposal of long-term assets and other investments not considered cash equivalents.

Financing Activities

Transactions that involve raising capital or repaying investors, such as issuing shares or taking out loans.