Rapidly Retiring Baby Boomers Make Up Only a Quarter of the U.S

question 101

True/False

Rapidly retiring Baby Boomers make up only a quarter of the U.S. population, but account for 50 percent of all domestic consumer spending.

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Definitions:

Ambrosia

In classical mythology, the food of the gods, believed to convey immortality; in contemporary contexts, a type of fruit salad.

Bubble Gum

A kind of bubble gum made to be blown into a bubble outside the mouth.

Income

Earnings received by individuals or entities, typically through wages, investments, or other sources.

Sociology

The study of the development, structure, and functioning of human society, including social relationships, institutions, and cultures.