According to the Research on People Aged 70 and Older

question 82

Multiple Choice

According to the research on people aged 70 and older, which statement best describes successful agers?

• A) They are rare.
• B) They are happy to relinquish control over their lives.
• C) They form emotional goals that bring them satisfaction.
• D) They choose to continue to compete with younger people.

---

Definitions:

Discretionary Policy

A policy where government entities, like central banks or governments themselves, decide on actions or measures to take based on current economic conditions.

Self-corrective Forces

Mechanisms within the market economy that work to naturally correct imbalances and return the economy to a state of equilibrium without external intervention.

Rational Expectations

The hypothesis that individuals form forecasts about the future based on all available information in a way that is consistent with the actual structure of the economy.

Active Stabilization Policy

Economic policies aimed at minimizing business cycle fluctuations through fiscal and monetary interventions by the government.