________ Consumers Are One of the Fastest-Growing U

question 1

Multiple Choice

________ consumers are one of the fastest-growing U.S. population subsegments and are expected to surge to nearly one third of the total U.S. population by 2030.

• A) African American
• B) Hispanic American
• C) Asian American
• D) Baby boomer
• E) Millennial

---

Definitions:

Destabilize

To cause a system, situation, or environment to become unstable or out of balance.

Economy

The large set of interrelated production, consumption, and exchange activities that aid in determining how scarce resources are allocated.

Full-Employment

Full-employment refers to the level of employment rates where there is no cyclical or deficient-demand unemployment, essentially meaning that everyone who wants to work and is able to work can find employment at the current wage rates.

Real GDP

Is the inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year, providing a more accurate depiction of an economy’s size and growth rate.