Venla Is a Community Leader Who Wants to Create an Age-Friendly

question 51

Multiple Choice

Venla is a community leader who wants to create an age-friendly environment. She makes sure that advertising for town hall meetings and neighborhood block parties are communicated through radio, Twitter, and printed signs pinned up around town. What element of age-friendliness is Venla addressing?

• A) outdoor spaces and public buildings
• B) transportation
• C) housing
• D) social and civic life

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Definitions:

Monitored Lock

A lock system that is tracked or observed to ensure its integrity, often used in security applications.

Moral Hazard

The situation where one party is more likely to take risks because another party bears the cost of those risks.

Hidden Actions

Situations in a principal-agent relationship where the agent undertakes actions that the principal cannot observe directly.

Hidden Information

Circumstances in which one party in a transaction has access to more or better information than the other party, potentially leading to an imbalance in decision-making or exploitation.