Which of These Is NOT a True Statement About Yuppies

question 3

Multiple Choice

Which of these is NOT a true statement about yuppies?

• A) "Yuppies" was a nickname for young, urban professionals in the 1980s.
• B) Yuppies symbolized the new income stratification in America.
• C) Yuppies were known for their materialism and conspicuous consumption.
• D) Yuppies showcased the pursuit of wealth that symbolized the 1980s.
• E) Yuppies represented the largest group of working Americans in the 1980s.

---

Definitions:

Surplus

At a given price, the amount by which quantity supplied exceeds quantity demanded; a surplus usually forces the price down.

Supply Curve

A graph showing the relationship between the price of a good and the quantity of the good that producers are willing to supply.

Lobster Farms

Aquaculture facilities dedicated to the breeding, raising, and harvesting of lobsters for commercial use and consumption.

Algae

A diverse group of photosynthetic organisms that are not necessarily closely related, and that live in a variety of water environments.