Because the First of the Baby Boom Generation Has Now

question 97

Multiple Choice

Because the first of the baby boom generation has now turned 60, we are likely to see a shift to more positive images of the elderly. What is the major reason for this?

• A) They recognize that there is a certain distinction in being elderly.
• B) Their vast numbers translate into economic clout and political power.
• C) They tend to be much more productive in the labor market than younger workers.
• D) They represent a storehouse of occupational knowledge and work skills.

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Definitions:

Investment Goal

The financial objective or target that an investor aims to achieve through investments.

Average Return

The mean amount of profit or loss generated by an investment over a specified period.

College Costs

The total amount of money required for a student to attend college, including tuition, room and board, books, and other related expenses.

Save Each Year

A financial strategy involving the allocation of a certain amount of income into savings or investments annually.