The Healthy Lifespan Refers to the Length of Time That

question 27

Multiple Choice

The healthy lifespan refers to the length of time that an individual can:

• A) maintain a positive attitude toward life's ending.
• B) live without significant disease and disability.
• C) be treated by others with respect and dignity.
• D) live after passing the age that a relative died.

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Definitions:

Positive Externality

A benefit that is enjoyed by a third-party as a result of an economic transaction, without them necessarily being involved in the transaction.

Marginal Social Benefit

Sum of the marginal private benefit plus the marginal external benefit.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded.

Abatement

The reduction or removal of environmental pollutants or negative externalities to improve environmental quality.