How did the existence of the baby boom generation change demand in the United States?
a. Demand was raised for different goods with each age the baby boomers reached.
b. After they reached the teenage years, the baby boomers were integrated into the society and no longer affected demand.
c. People were poorer because they had so many children, so demand was lowered.
d. The baby boomers did not raise demand until they became adults, when they had their own money to spend.
Ans: a. Demand was raised for different goods with each age the baby boomers reached.
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A) 22.99%. B) 23.75%. C) 38%. D) 95%.
Describe the nature of trade between two countries based on intertemporal comparative advantage
What will be an ideal response?