Which of the Following Is True Regarding Young Adulthood

question 4

Multiple Choice

Which of the following is true regarding young adulthood?

• A)It emerges gradually in industrialized countries.
• B)It takes place from age 18 to age 25.
• C)In developing countries,it is typically marked by gaining the right to vote.
• D)It is a phase determined by biology.

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Definitions:

Savings

The part of earnings not used for purchasing goods or services, typically saved for investing or future needs.

Disposable Income

Indicates the sum of funds households can allocate towards expenditure and savings once income taxes have been deducted.

Disposable Income

Households' available economic resources for spending and saving post-tax.

Disposable Income

The amount of money an individual or household has to spend or save after taxes have been deducted.