Answer:
True
Step-by-step explanation:
The Baby Boom is defined by economists and demographers as the 64 million infants born between 1946 and 1961 -- those who are now between the ages of 24 and 39.
While the impact of the Baby Boom generation may be higher interest rates, some economists also credit the youth generation with forcing businesses to invest in new plant and equipment to create more goods. They say this, in turn, has created added demand for credit.