Empty Nesters

question 122

Multiple Choice

Empty nesters

• A) are usually in the 30-44 age group.
• B) are not an attractive market for any items.
• C) spend a larger percent of their income on housing, child care, and other necessities.
• D) are people whose children are grown and who are now able to spend their money in other ways.
• E) disrupt the family life-cycle pattern.

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Definitions:

Microchip

A small semiconductor device containing integrated circuits used for various electronics and computing functions.

Tire(s)

Rubber-based components fitted around the rims of vehicle wheels to provide traction, support the vehicle load, and absorb shock from the road.

Autarky

A situation where a country or economy is self-sufficient and does not engage in international trade or relies on imports.

Comparative Advantage

An economic principle that states a country or individual can produce a good or service at a lower opportunity cost than others.