Gen Xers Look for Something Different, Which Means They Spend

question 19

Multiple Choice

Gen Xers look for something different, which means they spend:

• A) More than boomers
• B) More than Millennials
• C) More than boomers and Millennials
• D) Less than boomers

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Definitions:

Debit Card

A payment card that deducts money directly from a consumer's checking account to pay for a purchase.

Credit Card

A payment card issued to users as a method of payment allowing the cardholder to borrow funds with which to pay for goods and services with the promise to pay back the lender.

Interest Rates

The proportion of a total amount of money that is charged for borrowing it, usually represented as a yearly rate.

Incomes

Financial returns, especially received periodically, from work performed or investments made.