Demographic Trends Indicate That, in the Coming Two Decades, ________

question 30

Multiple Choice

Demographic trends indicate that, in the coming two decades, ________.

• A)the spending power of middle-class households will substantially decline
• B)the GDP of advanced economies will decline
• C)the spending power of low-income households will increase tremendously
• D)the proportion of middle-class households in emerging markets will become much bigger, acquiring enormous spending power

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Definitions:

Self-Reinforcement

The process of rewarding oneself for a desirable action or behavior to increase the likelihood of it happening again.

Regulated Behavior

Behavior that is controlled or directed by rules and regulations, often within a societal or psychological context.

Pangs of Conscience

Feelings of guilt or moral scruples that may arise from doing something believed to be wrong or failing to do something that was considered right.

Model Behavior

Exhibiting exemplary or desired behaviors that others, especially those looking up to the model, can imitate.