When Compared to Generation X,members of Generation Y Are Most

question 246

Multiple Choice

When compared to Generation X,members of Generation Y are most likely to influence

• A)children's designer clothing lines.
• B)health care and insurance.
• C)all forms of communication.
• D)retirement plans.
• E)automobile design.

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Definitions:

Truth in Savings Act

A federal law designed to promote fairness and transparency in the savings account practices of banks and other financial institutions.

Farmland

Agricultural land used primarily for the purpose of growing crops and, sometimes, raising livestock.

Compound Interest

Interest calculated on the initial principal of a deposit or loan, as well as on the accumulated interest of previous periods, leading to exponential growth of the amount over time.

Economic Resource

Assets, materials, and inputs used to produce goods and services, including labor, capital, land, and entrepreneurship.