Which Factor Currently Accounts for 80% of the Increase in Life

question 49

Multiple Choice

Which factor currently accounts for 80% of the increase in life expectancy of people who are 65 years and older?

• A) improved diet
• B) improved housing
• C) safe water
• D) lower levels of stress
• E) advances in medicine

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Definitions:

Relatively Inelastic

A situation where the demand for a product does not change significantly with a change in the price.

GSU

An acronym that can refer to Georgia State University or other entities, depending on the context.

Total Revenue

The total amount of money generated from sales of goods or services before any expenses are subtracted.

Elastic

Describes a situation in which the quantity demanded or supplied of a good or service significantly changes in response to a change in price.