According to the Census Bureau's Definition, Which of the Following

question 49

Multiple Choice

According to the Census Bureau's definition, which of the following is not a family?

• A) A single mother and her two-year-old child
• B) A married couple and their adopted son
• C) A gay male couple who have lived together for 30 years
• D) All of the above would be defined as family by the Census Bureau.

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Definitions:

Monthly Payments

Regular payments made once per month, often used in the context of loans, leases, or other financial agreements.

Salary Deferral Plan

A type of retirement plan where employees opt to defer a portion of their salary, which is then invested on a pre-tax basis until withdrawal at retirement.

Compounded Semi-Annually

A method of calculating interest where the accrued interest is added to the principal amount twice a year, leading to interest on interest.

Month-End Contributions

Payments or deposits made towards an account or investment, typically recorded at the end of the month.