Which of the Following Is True of Members of Generation

question 118

Multiple Choice

Which of the following is true of members of Generation Z?

• A) They grew up during the Great Depression.
• B) They are the least diverse generation.
• C) They are the first generation to grow up with access to the Internet.
• D) They grew up during the Great Recession.
• E) They are the largest generation.

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Definitions:

Government Purchases

Spending by the government on goods and services that are directly consumed or invested in by the government sector.

Short-Run Aggregate Supply

The total production of goods and services in an economy at different price levels in a short time frame, assuming that some production costs remain fixed.

Spending Multiplier

The ratio of a change in national income to a change in government spending that causes it, indicating the impact of fiscal policy on the economy.

Long Run

A period of time in economics where all factors of production and costs are variable, and all market adjustments have been made.