Each of these arguments may be used against Charles Murray's assertion that antipoverty spending caused poverty except

A) other countries that have higher antipoverty spending have much lower rates of teenage births.
B) welfare benefits vary widely from state-to-state,but the low-spending states also have high teenage pregnancy rates.
C) the poverty rate in 1980 was exactly the same as it was in 1968,when antipoverty spending began to rise sharply.
D) during the period from 1968 to 1980,the unemployment rate doubled,yet the poverty rate remained constant.

A material gain earned when retiring bonds before their maturity date is recognized by

A) amortizing it over the remaining life of the bond
B) making a prior period adjustment
C) reporting it as an extraordinary item in the year of retirement
D) reporting it as an ordinary item in the year of retirement

The United States Agency for International Development focuses on short-range plans to meet the basic needs of the poor.