According to Projections,how Much of the Population Will Be 65

question 37

Multiple Choice

According to projections,how much of the population will be 65 years of age or older by the year 2061?

• A) 5 to 10 percent
• B) 11 to 15 percent
• C) 25 to 30 percent
• D) over 35 percent

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Definitions:

Full Coverage

Refers to insurance policies or warranties that offer comprehensive protection against a wide range of potential damages or losses.

Expected Wealth

The anticipated amount of money or assets that an individual or entity forecasts to accumulate over a period.

Insurance Policy

A contract between an insurer and a policyholder wherein the insurer promises to pay for specific potential future losses in exchange for a periodic payment.

Expected Loss

The anticipated amount of loss a business may suffer due to risks or future uncertainties.