A Major Reason for the Reduction of Elders in Poverty

question 55

Multiple Choice

A major reason for the reduction of elders in poverty over the last two decades is

• A) more older women are now covered under pension plans and Social Security.
• B) fewer older women are single.
• C) Social Security payments have remained constant.
• D) Social Security payments are higher due to automatic cost of living adjustments.

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Definitions:

Witnesses

Individuals who have directly seen an event, such as a crime or a transaction, and can provide a first-hand account of it.

Statute of Frauds

A legal principle requiring certain contracts to be in writing and signed by all parties involved to be enforceable, typically including contracts for the sale of land, long-term contracts, and contracts for goods over a certain value.

Consumer Debts

Debts incurred by an individual primarily for personal, family, or household purposes, not for business or investment.

Codicil

is a supplement or addition to a will, either to modify, explain, or sometimes revoke provisions in an existing will.