Assuming the current rate of economic growth continues, the average parent of a college student will have a lifetime income twice that of his or her son or daughter.

Question

Quizplus · Accepted Answer

This statement is based on an assumption that economic growth will continue at the current rate, which is not a guarantee. Additionally, the statement does not provide any specific data or analysis to support the claim that the average parent's lifetime income will be twice that of their college-aged child's. Therefore, this statement is false.

Assuming the Current Rate of Economic Growth Continues, the Average