The age category that has low levels of net assets and spends disproportionally more on recreation is:
A) baby boomers.
B) the affluent.
C) the elderly.
D) generation X.

Question

Quizplus · Accepted Answer

Generation X, typically those born between the early-to-mid 1960s and early 1980s, often has lower levels of net assets compared to older generations due to economic conditions during their prime earning years. They also tend to prioritize spending on experiences, including recreation, over saving or investing.

The Age Category That Has Low Levels of Net Assets