Older People Take Part in Active Leisure

question 65

Multiple Choice

Older people take part in active leisure.How can these activities be described?

• A) They are of short duration (not more than 1 hour).
• B) They have personal significance.
• C) They involve younger friends or relatives.
• D) They include reading, going to the movies, socializing, and physical activity.

---

Definitions:

Futures Contract

A contractual agreement regulated by law, specifying the sale or purchase of an item at a fixed price, to be executed at a later date.

Spot Price

The immediate market value at which certain assets, like commodities, currencies, or securities, are available for purchase or sale with instant delivery.

Liquidate

The process of converting assets into cash or equivalent by selling them, often used in the context of closing a business or paying off debts.

Profits

The financial gain obtained when the amount earned from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.