The New American Family Operates in a System Open to Many

question 130

Multiple Choice

The new American family operates in a system open to many family structures. A problem with this system is:

• A) changing from one lifestyle to another with little permanence.
• B) being stuck in a rut or an abusive relationship.
• C) little room for self-growth and social contribution.
• D) feelings of entrapment.

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Definitions:

Initial Amount

The starting amount of money before any growth or shrinkage due to interest or losses.

Simple Interest Rate

A fixed percentage of the principal amount that is paid or earned over a specific period of time, not compounding.

GIC

An investment known as a Guaranteed Investment Certificate, which offers a risk-free fixed rate of return over a predetermined period.

Maturity Value

The total amount due or payable at the end of a loan or investment period, including the principal and any accrued interest.