The Aging of America Is One Factor Contributing to Rising

question 54

True/False

The aging of America is one factor contributing to rising health care costs.

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Definitions:

Investing

Investing is the act of allocating resources, usually money, with the expectation of generating an income or profit.

Accounting Rule-Making Bodies

Organizations or groups responsible for setting standards and regulations in the accounting field, like FASB or IASB.

CAP

An abbreviation often referring to the "Capitalization" of a company, which is the sum of a company's stock, long-term debt, and retained earnings.

FASB

The Financial Accounting Standards Board, a private, non-profit organization standard setter, which establishes the generally accepted accounting principles (GAAP) within the United States.