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For each of the following accounts indicate (a) the type of account (Asset, Liability, Stockholders' Equity, Revenue, Expense), (b) the debit and credit effects, and (c) the normal account balance.
Age Biases
Prejudices or discriminations against individuals based on their age, often affecting employment, healthcare, and social status.
Life Expectancy
The average number of years that a person is expected to live based on demographic factors, such as year of birth, current age, and sex.
Death Expectancy
A statistical measure often mistaken for life expectancy; technically NO direct term, but life expectancy correctly denotes the average number of years a person is expected to live.
Average Age
A statistic that represents the mean age of a population, reflecting the age distribution of that population.
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