Who of the Following Would Be Most Likely to Use

question 6

Multiple Choice

Who of the following would be most likely to use the Internet?

• A) a 65-year-old African American man from a large city
• B) a 25-year-old, college-educated Hispanic female from the suburbs
• C) a white, middle-aged farm worker from a small agricultural town
• D) a 30-year-old, white urban dweller without a high-school diploma
• E) a 70-year-old, white high-school graduate from the suburbs

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Definitions:

Real GDP

The assessment of a nation's economic production, corrected for variations in price levels (either inflation or deflation), representing the real worth of all goods and services generated.

Aggregate Demand Curve

A graphical representation that shows the relationship between the overall price level in the economy and the total demand for goods and services at that price level.

Velocity of Money

The rate at which money is exchanged from one transaction to another, and how much a unit of currency is used in a given period.

ATM Machines

Automated Teller Machines where individuals can perform financial transactions, such as cash withdrawals, deposits, and fund transfers, without the need for direct interaction with bank staff.