In the US, the Average Life Expectancy Is 78 Years

question 51

Multiple Choice

In the US, the average life expectancy is 78 years and healthy life expectancy is 70 years. What does this mean?

• A) After 70 years, many people lose the desire to live.
• B) Most people have serious financial hardship after 70 years.
• C) Social isolation is common in the last 8 years of life.
• D) The last 8 years of life are restricted by disease and disability.

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Definitions:

Exchange Gain/Loss

The gain or loss resulting from the fluctuation in exchange rates affecting the value of transactions in foreign currencies.

Acquisition Differential

The difference between the purchase price of a company and the fair market value of its identifiable net assets.

Exchange Rates

The rate for transforming one currency into another.

Income Statement

A financial report that shows a company's revenues, expenses, and net income over a specific period of time.