The Question of Generational Equity Will Become More Acute As

question 33

Multiple Choice

The question of generational equity will become more acute as:

• A) an increasingly poor population of people who are elderly is supported by an increasingly wealthy younger cohort
• B) the proportion of people who are elderly in the population continues to shrink
• C) fewer and fewer people of working age pay more and more in taxes to support elderly people who have retired
• D) young people learn to value the contributions that earlier generations made to society
• E) older people become less politically active

---

Definitions:

Market Price

The current price at which an asset or service can be bought or sold in the marketplace.

Speculative Bubble

A situation in financial markets where the price of an asset rises significantly higher than its intrinsic value, driven by exuberant market behavior.

Fundamental Value

refers to the intrinsic worth of a company, stock, or asset based on underlying financial and economic factors.

Adverse Selection

The tendency for the mix of unobserved attributes to become undesirable from the standpoint of an uninformed party