Retired People Will Be Draining the U

question 95

Multiple Choice

Retired people will be draining the U.S. economy of wealth. This is due to

• A) the fact that most have smoked all their lives and now are accumulating large healthcare bills.
• B) the fact there are not enough workers in subsequent generations to support the ongoing drain of older persons into the Social Security system.
• C) their lack of interest in supporting restaurants, resorts, educational institutions, and service-intensive companies.
• D) the fact that they refuse to use current information technology to improve efficiency.

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Definitions:

Public Entertainment

Forms of entertainment that are either performed or directly funded by the government or accessible to the public, often free of charge or for a nominal fee.

Wealth

An accumulation of valuable resources or possessions, including money, real estate, and investments, which can generate income.

Contribute

To give something, such as time, money, or knowledge, towards a common goal or cause.

Benefit

The advantage or profit gained from something, often used in the context of analyzing economic decisions.