As the Large Baby-Boom Generation Moves into the Retirement Phase

question 115

Multiple Choice

As the large baby-boom generation moves into the retirement phase of life, this will

• A) make it easier for the federal government to finance its budget deficit because the baby-boomers will be the wealthiest generation  of retirees in American history.
• B) make it easier for the federal government to reduce spending because senior citizens do not spend much on consumption.
• C) make it more difficult for the federal government to finance its budget deficit because the retirement  of the baby-boomers will  mean more expenditures for Social Security and Medicare.
• D) not affect the federal deficit because there is no reason to expect that either federal spending or tax revenues will be influenced by the retirement of the baby-boomers.

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Definitions:

Conversion Disorders

A mental condition in which a person experiences physical symptoms that are not explainable by medical conditions but are thought to be the result of psychological factors.

Somatic Symptom Disorders

A group of disorders characterized by significant focus on physical symptoms, such as pain, that cause major emotional distress and problems functioning.

True Medical Problems

Health issues that are identifiable through medical assessment and are not psychosomatic in nature.

Somatic Symptom Disorder

A mental disorder characterized by an excessive focus on physical symptoms, causing significant distress and impairment.