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question 47

Multiple Choice

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Definitions:

Baby Boom

A period marked by a significant increase in birth rates, often occurring in the aftermath of events such as wars or economic booms, leading to a generation with a large population size.

Two-Career Families

Households in which both partners are pursuing their careers, often leading to unique challenges and dynamics in work-life balance.

Supply And Demand

Fundamental economic concepts that determine the price of goods and services, where supply represents how much the market can offer, and demand indicates how much is wanted.