What Fact Explains the Shift of Health Care Focus Toward

question 8

Multiple Choice

What fact explains the shift of health care focus toward the older adult in the late 1960s?

• A) Disability was viewed as unavoidable.
• B) Complications from disease increased mortality.
• C) Older adults' needs are similar to those of all adults.
• D) Preventive health care practices increased longevity.

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Definitions:

Aggregate Demand

The total demand for final goods and services in an economy at a given time.

Theory of Liquidity Preference

A theory suggesting that individuals prefer to have their resources in liquid forms and how that preference influences interest rates.

Interest Rates

The cost of borrowing money, expressed as a percentage of the amount borrowed, paid by the borrower to the lender for using their money.

Automatic Stabilizers

Economic policies and programs designed to offset fluctuations in a nation's economic activity without intervention by the government or policymakers.