When 18-year-old Jon Angle set his sights on a $5,000 motorcycle last month, he was determined not to let a little thing like lack of funds stand in his, way. "My bank said they’d never loan me that sort of money, since I don’t really have any assets yet," the recent high school graduate from Littleton, Colo., recalls. Still, Angle was able to secure a loan from the Young Americans Bank in Denver, which caters to the under-22-year-old crowd and permits allowance to be listed as a source of income on loan application. Now, with a new Suzuki, Angle is setting aside most of the income from his $6.75-an-hour job at a local McDonald’s to pay off his debt.
At mails, movie theaters and even motorcycle dealerships around the country, teenagers like Jon Angle are behaving like the fiscal equivalent of the Energizer Bunny: They keep spending, and spending, and spending. Last year, 12-to-19-year-olds went on their biggest shopping spree ever, ringing up $
A. adolescents account for a great part of the consumers and their tastes and preferences are of great importance to the producers.
B. adolescents often serve as consultants for their parents' purchasing behavior and sometimes even alter their parents' purchasing habits.
C. adolescents are turning their interests from acne medication and sport wears to other goods.
D. a research team has revealed that nearly half of American adolescents have part-time jobs, and thus, some extra money to spend.
When 18-year-old Jon Angle set his sights on a $5,000 motorcycle last month, he was determined not to let a little thing like lack of funds stand in his, way. "My bank said they’d never loan me that sort of money, since I don’t really have any assets yet," the recent high school graduate from Littleton, Colo., recalls. Still, Angle was able to secure a loan from the Young Americans Bank in Denver, which caters to the under-22-year-old crowd and permits allowance to be listed as a source of income on loan application. Now, with a new Suzuki, Angle is setting aside most of the income from his $6.75-an-hour job at a local McDonald’s to pay off his debt.
At mails, movie theaters and even motorcycle dealerships around the country, teenagers like Jon Angle are behaving like the fiscal equivalent of the Energizer Bunny: They keep spending, and spending, and spending. Last year, 12-to-19-year-olds went on their biggest shopping spree ever, ringing up $
A. intense worry.
B. slight criticism.
C. unreserved approval.
D. complete indifference.
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