Although Over 90% of Them Use Email and Over 60

question 25

Multiple Choice

Although over 90% of them use email and over 60% use online banking,which generation is used to the old ways of interacting socially and mistrusts the sharing of personal information via social media or the Internet?

• A) Generation X
• B) Traditionalists
• C) Baby Boomers
• D) Generation Y

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Definitions:

Interest Rates

The cost of borrowing money, expressed as a percentage of the amount borrowed, paid to the lender over a specified period.

Excess Supply

A situation where the quantity of a good or service provided is more than the quantity demanded at a given price.

Interest Rate

The cost, presented as a percentage of the principal amount, incurred by a borrower from a lender for asset use.

Interest-earning Assets

Financial assets that generate income through the payment of interest, such as savings accounts, bonds, and certificates of deposit.