Your 80-Year-Old Aunt Lives in an Independent-Living Retirement Center

question 48

Multiple Choice

Your 80-year-old aunt lives in an independent-living retirement center.She still has a very sharp memory.All of the following probably apply to her EXCEPT that she

• A)has exercised regularly over the years.
• B)remains physically active even now.
• C)has never exercised and prefers to spend all of her time alone.
• D)keeps her mind active by reading and playing the piano.

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Definitions:

National Bureau Of Economic Research

An American private nonprofit research organization that analyzes economic data and trends to determine economic cycles and policies.

Industrial Production

A measure of the output of the industrial sector of the economy which includes manufacturing, mining, and utilities.

Aggregate Supply

The total supply of goods and services that companies in an economy plan on selling during a specific time period.

Deflation

A reduction in the general price level of goods and services in an economy over a period of time.