Since 1959 When the Official Data on the Poverty Rate

question 200

Multiple Choice

Since 1959 when the official data on the poverty rate began, the poverty rate was at its highest in

• A)1959.
• B)1968.
• C)1977.
• D)1986.

---

Definitions:

Treasury Bonds

Long-term government securities issued with the promise to pay periodic interest and repay the principal at maturity.

Expected Cash Flows

The anticipated movement of cash in and out of a business over a future period, often used in financial forecasting.

Opportunity Cost

The loss of potential gain from other alternatives when one alternative is chosen.

Present Value

The value of a future amount of money in today's terms, discounted at a particular rate.