People Over the Age of 55 Spend More Than 30

question 104

True/False

People over the age of 55 spend more than 30 hours a week watching television.

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Definitions:

Lottery

A form of gambling that involves drawing numbers at random for a prize, often run by states or organizations as a way to raise funds.

Federal Reserve

The central banking system of the United States, responsible for implementing the country's monetary policy.

Consumer Spending

The aggregate spending of families within an economy on goods and services.

45-Degree Line

A reference line in economics, usually on a graph, where all points along the line indicate where the values for the variables on the axes are equal.