Many high-income nations are approaching a situation in which:
A. they will intentionally aim for a low standard of living.
B. the elderly will soon form a much larger share of the population.
C. the demands of the elderly will cause an unsustainable trade imbalance.
D. they will intentionally aim for high rates of unemployment and inflation.
Answer:B
Many high-income nations are approaching a situation in which:
A. they will intentionally aim for a low standard of living. B. the elderly will soon form a much larger share of the population. C. the demands of the elderly will cause an unsustainable trade imbalance. D. they will intentionally aim for high rates of unemployment and inflation.
Explanation: Type: Multiple Choice