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.

---

Definitions:

Conciliation

A method of conflict resolution where an impartial third party helps disputing parties reach a mutually acceptable agreement.

Third-Party Mediation

A conflict resolution process involving a neutral third party who helps disputing parties find a mutually acceptable solution.

Pacifism

The belief in the avoidance of war or violence as a means of resolving disputes or achieving social or political goals.

Intimidation

The act of frightening or coercing someone into doing or not doing something.