Question

How financially secure are consumers who are part of the Gray Market?

a. Gray market consumers are often living on retirement funds and they have little disposable income.

b. Most Gray market consumers have not planned for retirement and are living from one Social security paycheck to the next

c. Gray market consumers often have considerable income and their may bills are paid off leaving them with substantial spending money.

d. Gray market consumers typically have a high income level during retirement but they tend to have a high degree of debt.

Answer 1

a. They are financially secure as they can meet their expenditures from the disposable income they earn.

b. They are less financially secured because they do not have a fixed income source after retirement. Although they can meet there consumption from social security paycheck.

c. They are highly financially secured because they have source of income to meet their expenses.

d. They are very less financially secured because they will face high debt burden in future.