According to Epidemiological Transition Theory a Society Goes Through Three

question 49

Multiple Choice

According to epidemiological transition theory a society goes through three mortality stages in its transition to a modern pattern. There has been a debate about whether the third stage is the final one, and in fact fourth and fifth stages have been proposed. The biggest challenge to this theory comes from

• A) the emergence of new infectious diseases & re-emergence of old ones
• B) the emergence of new chronic diseases
• C) the emergence of new medical technology
• D) the emergence of public health concerns
• E) the availability of new drug therapies that effectively treat chronic health conditions

---

Definitions:

Maturity Risk Premium

The additional return that investors demand for bearing the risk associated with holding a longer-term debt instrument.

Yield Curve

A graphical representation showing the relationship between the interest rates of bonds of identical quality but different maturity dates.

Inflation

The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Par Value

The nominal or face value of a bond, share of stock, or other financial instrument, as stated by the issuer.