Which of the Following Is Not a Cause of the Decline

question 163

Multiple Choice

Which of the following is not a cause of the decline in the U.S.men's labor-force participation rate over the past several decades?

• A)young men now stay in school longer than their fathers and grandfathers did
• B)older men now retire earlier and live longer
• C)with more women employed,there are fewer jobs now available to men
• D)more fathers now stay at home to raise their children

---

Definitions:

Income Summary

An account in accounting used to gather all revenue and expenses for a period to calculate net income (or loss).

Owner's Drawings

The amount of cash or other assets withdrawn by the owner from the business for the owner's personal use.

Net Income

The amount of profit earned by a business after all expenses and taxes have been subtracted from total revenue.

IFRS

A global set of accounting principles called International Financial Reporting Standards, formulated by the International Accounting Standards Board (IASB) to steer the compilation of financial statements worldwide.