All of the Following Statements About Generation X Are True

All of the following statements about Generation X are true EXCEPT:

A) Generation X is not prone to extravagance.
B) Generation X is replacing baby boomers as the largest segment of business travelers.
C) Generation X is the first generation to have less than the previous generation.
D) Generation X was born during the "baby bust" era because the number of children born each year was declining.
E) Generation X was born during the "echo boom" or "baby boomlet" era because the number of children born each year was rising.