All of the Following Statements Are True EXCEPT

question 225

Multiple Choice

All of the following statements are true EXCEPT:

• A)Only 21 percent of American households consist of married couples with children.
• B)Parents close to retirement are refusing to allow their parents or children to move in with them-they like their "empty nest" lifestyle.
• C)The increase in unmarried partner households is likely due to the current economic downturn.
• D)Today,most divorced couples choose to remarry rather than remaining in single person households,with or without children.
• E)Currently,many young people are postponing marriage and parenthood.

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Definitions:

Fiat Money

Currency that a government has declared to be legal tender, despite it lacking intrinsic value and not being backed by physical commodities.

Legal Tender

Government-issued currency that, by law, must be accepted as a form of payment within the country.

Hyperinflation

An extremely high and typically accelerating rate of inflation, leading to the rapid erosion of the real value of local currency.

Alternatives

Other options or choices available to individuals or organizations when making decisions.