Empty nesters
A) are usually in the 30-44 age group.
B) are not an attractive market for any items.
C) spend a larger percent of their income on housing, child care, and other necessities.
D) are people whose children are grown and who are now able to spend their money in other ways.
E) disrupt the family life-cycle pattern.

Question

Quizplus · Accepted Answer

Empty nesters refer to people whose children have grown up and moved out, allowing them to spend their money in other ways which makes them an attractive market for various items. They typically fall in the 45-64 age group and have a larger amount of disposable income. Option A is incorrect as the age group for empty nesters is typically 45-64. Option B is incorrect as empty nesters are actually an attractive market for certain items. Option C is partially correct as they do spend a larger percent of their income on housing, but not on child care as their children are grown. Option E is incorrect as empty nesters are a natural part of the family life-cycle pattern.

Empty Nesters