If Scientists Discover How to Control the Aging Mechanisms and Human

question 108

Multiple Choice

If scientists discover how to control the aging mechanisms and human life expectancy increases to 150 years, the category of people best able to give insights about the consequence of this change would be

• A)the early sociologists.
• B)those born after this discovery is made.
• C)those who live both before and after the discovery.
• D)those born a century or more after the discovery.

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Definitions:

Competitive Equilibrium

A market state where supply equals demand, and no economic actors have the incentive to change their behavior.

Demand Equals Supply

A market equilibrium condition where the quantity of a good or service demanded by consumers equals the quantity supplied by producers.

Numeraire

A unit of account or standard measure in economics used to compare the value of goods or services.

Pareto Optimal

Another term for Pareto Efficient; describes a situation where no one's condition can be improved without worsening someone else's condition.