Which of the Following Groups Are More Than Twice as Likely

question 64

Multiple Choice

Which of the following groups are more than twice as likely as other Americans to be below the poverty line?

• A) African Americans
• B) children
• C) the elderly
• D) Hispanics and Latinos
• E) single mothers

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Definitions:

Carrying Value

The net book value of an asset or liability on a company's balance sheet, calculated as the original cost minus any depreciation, amortization, or impairment costs.

Bond Discount

is the difference between the face value of a bond and its selling price when the bond is sold for less than its face value.

Straight Line Amortization

A method for calculating the periodic reduction in the carrying amount of an intangible asset, spreading the cost evenly over its useful life.

Par Value Bonds

Bonds issued with a fixed face value that is to be repaid at maturity, often different from their market value.