Which of the Following Is a Demographic Trend Shaping Consumer

question 19

Multiple Choice

Which of the following is a demographic trend shaping consumer behavior patterns?

• A) Increasing family size
• B) Increasing households having two primary income providers
• C) Increasing birthrates in the U.S. and Europe
• D) Lower levels of consumer affluence in the U.S.
• E) Decreasing life expectancy in the U.S.

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Definitions:

Electronic Fund Transfer Act

A US federal law designed to protect consumers engaging in electronic transfers, including ATM transactions, direct deposits, and other electronic payments.

Commercial

Related to the buying and selling of goods and services or to business activities in general.

Consumer

An individual who purchases goods or services for personal use rather than for manufacturing or resale.

Lost Check

A check that has been misplaced, destroyed, or otherwise lost, potentially leading to the issuance of a stop payment order and requiring a replacement.