In 2004, What Percentage of Persons 65 Years of Age

question 39

Multiple Choice

In 2004, what percentage of persons 65 years of age or older were estimated to be residents in long-term care facilities in the United States?

• A) 1 percent
• B) 4.5 percent
• C) 10 percent
• D) 18.5 percent
• E) 33 percent

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Definitions:

Debt to GDP Ratio

A measure of a country's debt compared to its Gross Domestic Product, indicative of the country's ability to pay back its debt.

Developed Nations

Countries with advanced industrial economies, high living standards, well-established infrastructures, and stable governments.

Federal Budget Deficit

The federal budget deficit occurs when a government's expenditures exceed its revenues within a given fiscal year, leading to borrowing to cover the gap.

Declined Substantially

A phrase indicating a significant decrease or reduction in the quantity, value, or quality of something.