A Person Who Begins to Find Large Family Gatherings Overwhelming

question 104

Multiple Choice

A person who begins to find large family gatherings overwhelming in late adulthood may choose to attend fewer of them so that they can enjoy the occasions more, and be sure to get extra rest before a gathering occurs. According to Baltes and his colleagues' model for adaption for late adulthood, which of the following is closest to selection?

• A) Choosing to attend fewer events
• B) Enjoying each occasion more
• C) Getting extra rest before a gathering
• D) Feeling overwhelmed by large family events

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Definitions:

Defaulting

Failing to meet the legal obligations of a loan, typically by not making the required payments.

Health Insurance Market

The sector of the economy providing plans and services for individuals to cover healthcare expenses.

Adverse Selection

A situation in markets where buyers and sellers have asymmetric information, leading potentially to a selection of undesirable outcomes, such as in insurance markets where those most likely to need coverage are also most likely to purchase it.

Life Insurance Companies

Financial institutions that provide compensations to beneficiaries upon the insured individual's death, offering financial security and risk management.