All Things Being Equal, Which Low Income 60-Year-Old Is Apt

question 31

Multiple Choice

All things being equal, which low income 60-year-old is apt to live the longest?

• A) Carl, whose neighborhood has a high fraction of college graduates
• B) Sam, whose neighborhood has a high fraction of women
• C) Mark, whose neighborhood has a high fraction of children
• D) Peter, whose neighborhood has a high fraction of older people

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Definitions:

Liquidated Damages

A predetermined amount of money that must be paid as compensation for failure to perform under a contract.

Resale Price

The price at which an item is sold after it has already been purchased from the original seller or manufacturer.

Contract Price

The price agreed upon by the contracting parties for the exchange of goods, services, or property as stipulated in their contract.

Punitive Nature

An aspect of legal judgments or actions intended to punish the wrongdoer, rather than simply to compensate for harm done.