One of the Fastest Growing Segments of the U

question 61

Multiple Choice

One of the fastest growing segments of the U.S.population is made up of______________.This cohort is expected to almost double in size between 2000 and 2025.

• A)teenagers
• B)those between ages 25-35
• C)those between ages 45-55
• D)those age 85 and over

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Definitions:

Value Added

The increase in the value of a product or service as it passes through each stage of production or supply chain.

Marginal Productivity

The extra output or benefit gained from increasing one unit of a particular resource while keeping other resources constant.

Income Distribution

The way in which total income is divided among individuals or households in an economy.

Labor

The human effort, both physical and mental, used in the production of goods and services.