Which of the Following Statements Accurately Describes the Baby Boom

question 25

Multiple Choice

Which of the following statements accurately describes the baby boom in the United States?

• A) It has been romanticized and vastly overemphasized in importance as a social phenomenon because the effects on society were hardly noticeable decades later.
• B) It resulted in the majority of mothers at the time also pursuing professions such as teaching, nursing, accounting, and working as attorneys in law offices.
• C) It started in the early days of the Second World War because advertising campaigns tended to focus on the need for children to help with the war effort.
• D) It resulted in an increase in the number of mothers but a decrease in the number of babies overall, as women were generally having fewer children.
• E) It was a postwar trend that reinforced the idea that a woman's place was in the home and helped drive economic growth due the market of goods centered on children.

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Definitions:

NPV

Net Present Value, a method used to evaluate the profitability of an investment by calculating the difference between the present value of cash inflows and outflows.

IRR

Internal Rate of Return; the discount rate that makes the net present value of all cash flows from a particular project equal to zero.

Time Value of Money

The concept that money available now is worth more than the same amount in the future due to its potential earning capacity.

Payback Period

The length of time it takes for an investment to generate cash flows sufficient to recover the initial investment cost.