In the year 2025, the oldest “baby boomers” (born in 1946) will be 79 years old, and the oldest

“Gen Xers” (born in 1965) will be 2 years from Social Security eligibility. How will this affect the consumer trends in the next 40 years? Will there be sufficient funds for “baby boomers” to collect Social Security benefits? The United States Bureau of the Census gives projections for the portion of the U.S. population that will be 85 and over in the coming years, as shown in Table 1.6.5 Use a line chart to illustrate the data. What is the effect of stretching and shrinking the vertical axis on the line chart

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Table 1.6 Population Growth Projections Year 85 and over (millions) 2020 6.7 2030 2040 2050 2060 9.1 14.6 19.0 19.7 Source: The World Almanac and Book of Facts 2017, p. 618