Which of the Following Is Especially Important to Successful Aging

question 53

Multiple Choice

Which of the following is especially important to successful aging?

• A)Being active
• B)Retiring early
• C)Avoiding physical activity
• D)Avoiding challenging cognitive activities

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Definitions:

Absolute Advantage

The ability of a country, individual, or firm to produce a good more efficiently than another entity, using fewer resources.

Fewer Resources

A situation or condition where there is a reduced availability of inputs or factors of production such as land, labor, and capital.

Comparative Advantage

The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than competitors.

Opportunity Cost

The expense incurred by not choosing the second-best option when making a decision or selection.