Which of the following statements about the costs of elder care is most accurate?
A) It should be much less expensive for firms to provide elder care than for them to provide child care.
B) The financial burdens of elder care on the children of aging parents are likely to become less serious in the future than they are today, because many senior citizens are now remaining employed into their 70s rather than retiring in their early 60s.
C) Although elder care is expensive, the good news is that companies can receive a great deal of assistance from the federal government when they establish qualified elder care programs.
D) The costs of elder care are likely to rise very rapidly in coming years as an increasing number of older and more experienced employees face the need to care for aging parents and other relatives.

Question

Quizplus · Accepted Answer

The statement that the costs of elder care are likely to rise rapidly in coming years due to an increasing number of employees needing to care for aging relatives is the most accurate. This is because as the population ages, the demand for elder care services will increase, and the cost of providing these services will also rise. Additionally, there may be a shortage of caregivers, which could further increase costs.

Which of the Following Statements About the Costs of Elder