Identify the INCORRECT Statement About the Effect of Marital Status

question 162

Multiple Choice

Identify the INCORRECT statement about the effect of marital status, age, and the age of any children in the family, on how people spend their income.

• A) Singles and young couples are more willing than older married people to try new products and brands.
• B) Younger people usually earn more than older consumers, but spend less on discretionary items.
• C) Only as children arrive and grow does family spending shift to soft goods and services.
• D) All of these statements are CORRECT.

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Definitions:

Lieutenant Governor

A state government official in the United States who is second in command to the governor and may act as governor in their absence or if the governor's position becomes vacant.

Campaign Speech

A speech given by a candidate during an electoral campaign to promote their candidacy, communicate their platform, and persuade voters.

Margin Of Error

A statistic expressing the amount of random sampling error in a survey's results, indicating the preciseness of the estimates.

True Value

The actual, factual value or correctness of something, often used in the context of measurement, logic, or philosophy.