The recent recession has brought which of the following changes to households in the United States?A.There are many more extended family households as more people live with relatives to save money.B.More people now own their homes.C.The frequency of cohabitation is declining.D.Household wealth has steadily increased

n recessionary times consumers will alter their spending patterns. An example of how consumers would alter their spending during a recession is:Multiple ChoicePurchase a larger and more expensive home.Look for a better job because during a recession there are more and better job opportunities.Borrow more money.Delay purchasing a new car.Decrease purchases of low-cost luxuries.

Select all that applyWhich of the following factors have contributed to the decline in traditional nuclear family households in the United States?Multiple select question.More women are working at paid jobs and delaying marriage, or not marrying at all.More parents are raising children without a spouse.More people are living alone.Grandparents have become more enthused about raising their grandchildren after the parents divorce.People are marrying at younger ages than ever before.More women are leaving the workforce to become homemakers.

Which of the following is a trend we are observing as time progresses in terms of housework in American families?Group of answer choicesWomen have been observed to be doing the same amount of housework compared to fifty years ago.Women are doing more housework than men by a significant amount compared to fifty years ago.Men are increasingly doing more housework as time has progressed over the past fifty year.None of these above

Which statement best describes how income levels have changed in the United States?A.High-income earners have seen rising incomes, but most people have seen limited gains.B.Income levels have fallen sharply as homeownership rates have increased.C.Most income levels have risen in line with economic growth.D.All income levels have seen a sharp decline as inflation has risen.

A man recession is characterized by high unemployment that disproportionately affects the male population.Group of answer choicesTrueFalse