In the context of the changing economy, which of the following statements is true?
A) Economic, political, and social turmoil around the world has made consumers less cautious about spending money.
B) Mature workers are not apt to retire even with the decreased opportunity to work at an acceptable wage.
C) Many college students are deciding to stay in school longer, given limited prospects in the workforce.
D) Family size is increasing throughout most of Western culture with European families averaging three children per family.

Question

Quizplus · Accepted Answer

The statement that many college students are deciding to stay in school longer, given limited prospects in the workforce, reflects the changing economy where job prospects are becoming more limited and competitive, leading individuals to invest in further education to improve their chances of securing better employment opportunities. The other statements are not true in the context of the changing economy- economic, political, and social turmoil have generally made consumers more cautious about spending money, mature workers are more likely to retire due to limited job opportunities or health concerns, and family size has been decreasing in most Western countries.

In the Context of the Changing Economy, Which of the Following