Projections Are That, by the Year 2050, There Will Be

question 53

Multiple Choice

Projections are that, by the year 2050, there will be approximately million Americans age 65 and older.

• A) 34
• B) 57
• C) 88
• D) 101

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Definitions:

Flexible Exchange Rates

A system in which the worth of a currency is permitted to vary based on the foreign exchange market, free from direct governmental interference.

Economic Growth

An increase in the amount of goods and services produced per head of the population over a period of time, typically seen as an indicator of the economic health of a country.

Japanese Yen

The official currency of Japan, represented symbolically as ¥ and known as one of the major currencies traded in the world.

South Korean Won

The official currency of South Korea, symbolized as KRW.