The Group of American Consumers Born After 1994 Is Often

question 125

Multiple Choice

The group of American consumers born after 1994 is often called ________.

• A) Millennials
• B) Generation Y
• C) Generation X
• D) busters
• E) Generation Z

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Definitions:

Interest-Bearing Note

A debt instrument that pays interest to the holder until the maturity date, at which point the principal is repaid.

Interest

The cost of borrowing money or the return earned on an investment, typically expressed as a percentage.

Interest-Bearing Note

A debt instrument in which the issuer is obligated to pay a specified interest rate on the principal amount at regular intervals until maturity, in addition to repaying the principal.