In the US, Which Population Groups Will Fuel New Opportunities in Tourism

question 294

Multiple Choice

In the U.S., which population groups will fuel new opportunities in tourism, healthcare and financial services?

• A) Baby boomers and seniors
• B) Generation X and Generation Y
• C) Singles and newly divorced.
• D) Generation Y and Generation Z
• E) Baby boomers and baby busters

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Definitions:

Ordinary Annuity

A financial product where payments of a fixed amount are received at the end of equal intervals.

Nominal GNP

Gross National Product measured in current prices, without adjusting for inflation.

Fair Market Value

Fair Market Value is the price at which an asset would trade in a competitive auction setting, reflecting the amount a willing buyer would pay to a willing seller.

Constant Growth

A situation or model where values (such as dividends or revenues) increase at a steady, unvarying rate over time.