Life-Care Communities __________

question 23

Multiple Choice

Life-care communities __________.

• A) are federally subsidized apartment units for low-income aging adults
• B) offer a range of housing alternatives, from independent living to full nursing home care
• C) are limited to 10 or fewer residents, who live in private bedroom-bathroom suites
• D) provide a hospital-like setting with extreme restrictions on autonomy and social integration

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Definitions:

Inflation

A widespread inflation of prices leading to a diminished ability to purchase with money.

Short-run Phillips Curve

A graphical representation showing an inverse relationship between the rate of inflation and the rate of unemployment in an economy over the short term.

Inflation

The rate at which the wholesale price levels for goods and services ascend, diminishing economic purchasing strength.

Unemployment

The situation when individuals who are capable of working and willing to work are unable to find employment.