A Declining Dependency Ratio_________

question 13

Multiple Choice

A declining dependency ratio_________ .

• A)requires increased spending on education but decreased costs associated with old-age medical expenses
• B)requires permanently decreased spending on education but temporarily increased costs associated with old-age medical expenses
• C)permits temporarily decreased spending on education and old-age medical expenses
• D)requires immediate and permanent increased spending on education and old-age medical expenses

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Definitions:

Federal Insurance

programs or coverage provided by the national government to protect citizens against specific risks like unemployment, health issues, or retirement.

Aged 65

Refers to individuals who are 65 years old or older, often considered a benchmark age for 'elderly' or 'senior' status in many societal contexts.

Preferred Provider Organization

A type of health insurance plan that offers a network of healthcare providers to its members at discounted rates.

Services at a Discount

Offering services or goods at a price lower than the usual or marked price, often to attract customers or provide accessibility.