In Terms of Numbers, Which Age Group Is the Largest

question 45

Multiple Choice

In terms of numbers, which age group is the largest?

• A) baby boomers
• B) Generation X
• C) 9/11 Generation
• D) World War II Generation

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Definitions:

GDP

The total value of goods and services produced over a specific period in a country, known as Gross Domestic Product, reflects its economic productivity.

GDP Deflator

An index that measures the level of prices of all new, domestically produced, final goods and services in an economy.

Wages

Payments made to employees based on the hours worked or the output produced; it is the price of labor.

Salaries

Fixed regular payments made by employers to employees, typically on a monthly or biweekly basis, in exchange for the professional services rendered.