Which of These Observations Is Probably Due to a Difference

question 11

Multiple Choice

Which of these observations is probably due to a difference in cohorts?​

• A)Most of today's 20-year-olds have quicker reaction times than their grandparents.
• B)​Most of today's 20-year-olds have less money saved or invested than their grandparents.
• C)​Most of today's 20-year-olds know less than their grandparents about the Vietnam War.
• D)​Most of today's 20-year-olds attend dances and movies more than their grandparents.

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Definitions:

Money Income

The total amount of monetary earnings received by an individual or household, including wages, salaries, benefits, and investment income.

Marginal Utility

The further satisfaction or benefit obtained by using an additional unit of a good or service.

Consumer Behavior

The study of how individuals make decisions to spend their resources on consumption-related items.

Marginal Utility

The boost in satisfaction from the consumption of an additional item of a good or service.