Which of the following is true of the baby boomers?
A) They tend to see themselves as far older than they actually are.
B) They represent a rapidly shrinking market for new housing and home remodeling.
C) They are long past their peak earning and spending years.
D) They control an estimated 70 percent of the United States' disposable income.
E) They have utter fluency and comfort with digital technology.

Question

Quizplus · Accepted Answer

The baby boomer generation refers to individuals born between 1946 and 1964. According to various studies, including a report by Nielsen, baby boomers control an estimated 70 percent of the disposable income in the United States. This demographic is known to be a significant consumer group, and many industries continue to focus on catering to their preferences and needs. However, the other options are not accurate representations of this generation. Baby boomers do not tend to see themselves as older than they actually are, and they are not a shrinking market for new housing and remodeling. While they may be past their peak earning years, they are still a significant force in the economy. Finally, while many baby boomers are comfortable with digital technology, they do not have "utter fluency and comfort" with it, as many grew up in a time when technology was not as prevalent as it is today.

Which of the Following Is True of the Baby Boomers