As the Over-80 Population Increases Dramatically in the Next 40

question 13

Multiple Choice

As the over-80 population increases dramatically in the next 40 years, which will probably be most affected in Canada?

• A) defence systems
• B) housing
• C) social service systems
• D) transportation systems

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Definitions:

Marginal Revenue Product

The additional revenue generated from employing one more unit of a relevant resource or factor of production.

Rental Cost

The expense incurred from hiring or leasing a property or equipment.

Retains Earnings

Profits that a company keeps after dividends have been paid out to shareholders, often re-invested into the business for growth, paying off debt, or other purposes.

Investment Purposes

The intention behind allocating resources, often funds, into financial assets, real estate, or business ventures aiming to generate future returns.