Which of the Following Is Meant by the "1 Percent

question 22

Multiple Choice

Which of the following is meant by the "1 percent rule" of aging?

• A) Our organ systems lose about 1 percent of function per year beginning at age 30.
• B) We lose about 1 percent of our memory capacity every year beginning at age 50.
• C) About 1 percent of the population older than age 65 has significant organ function decline.
• D) About 1 percent of the population makes it to their 85th birthday.

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Definitions:

Demand

The quantity of a good or service that consumers are willing and able to purchase at various price levels at a given period.

Labor

The effort by humans to produce goods or services in the economy.

Resource Demand Curve

A graphical representation showing the relationship between the price of a resource and the quantity of that resource demanded by firms.

Shift Factors

Variables or conditions that can cause a shift in demand or supply curves, thus changing market equilibrium.