Retired People Will Be Draining the U

question 231

Multiple Choice

Retired people will be draining the U.S.economy of wealth.This is due to:

• A)The fact that most have smoked all their lives and now are unwilling to pay for healthcare in order to stay alive.
• B)The fact there are not enough workers in subsequent generations to support the ongoing drain of older persons into the social security system.
• C)Their lack of interest in supporting restaurants,resorts,educational institutions,and service-intensive companies.
• D)The fact that they refuse to use current information technology to improve efficiency.

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Definitions:

Raw Materials

The basic substances or components that are processed or combined to manufacture finished goods.

Journalize

The process of recording financial transactions in a company’s accounting records, or journal, in chronological order.

Units

A measurement of quantity, such as items, hours, or other measures, used in the organization or operation of businesses.

Direct Labor

The wages and benefits paid to employees who are directly involved in the production process of a company's products or services.