Devices Such as Smart Caps and Sensor-Activated Room Lights Are

question 60

Multiple Choice

Devices such as smart caps and sensor-activated room lights are __________.

• A) too technically complicated to be useful to most older adults
• B) cost-effective and available to most older adults in industrialized countries
• C) not usually covered as essential medical equipment by U.S. medical insurance
• D) considered invasions of privacy by the majority of older people with disabilities

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Definitions:

Real GDP

Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced in a country using constant prices.

Balanced Budget Amendment

A proposed amendment to a government's constitution that requires the annual budget to be balanced, so that expenditures do not exceed revenues.

Crowding-out

is an economic theory suggesting that increased government spending leads to a reduction in private sector spending, potentially due to higher interest rates.

Full Employment

A situation in an economy when all available labor resources are being used in the most efficient way possible, typically characterized by the absence of cyclical unemployment.