The median income for older adults has declined in recent years. Reasons for this decline may include:
A) falling interest rates.
B) stock market shifts.
C) housing market downturns.
D) all of the above

Question

Quizplus · Accepted Answer

Median income is sensitive to changes in economic conditions. Asset income falls when interest rates fall, stock market conditions decline, and housing markets experience downturns.

The Median Income for Older Adults Has Declined in Recent