Serenity Was Born in 1970

question 12

Multiple Choice

Serenity was born in 1970.Her parents met at the famous Woodstock festival.She is a member of the ________ generation..

• A) Baby boomer.
• B) GI.
• C) Silent.
• D) Gen X.
• E) Millennial.

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Definitions:

Aggregate Demand

The all-embracing pursuit of goods and services in an economy, calculated at a fixed overall price level and within a chosen time frame.

Business Cycle Trough

The phase in the business cycle where economic activity is at its lowest point, preceding a recovery or expansion period.

Purchasing Power

The financial ability to buy goods and services; it reflects the value of money in terms of the quantity of goods or services that one unit of money can buy.

Government Bonds

Debt securities issued by a government to support government spending and obligations.