How Inflation and Fraud Affect Older Adults

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following is one of the reasons that older adult are targeted for fraud?

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1. In what way can inflation negatively impact an older adult?

2. Which action can best be described as fraud?

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About this Quiz & Worksheet

This quiz and corresponding worksheet gauge your understanding of what inflation and fraud are and how both of these impact older adults in negative ways.

Quiz & Worksheet Goals

See how well you can answer questions on the following:

  • Reasons older adults are targeted for fraud
  • Inflation's negative impact on older adults
  • What constitutes fraud
  • Difference between a young consumer and an older consumer experiencing inflation

Skills Practiced

  • Reading comprehension- ensure that you draw the most important information from the fraud and inflation lesson
  • Making connections - use understanding of the concept of inflation to assess its impact on younger versus older people
  • Information recall- access the knowledge you've gained regarding the reasons why older adults are targeted for financial crimes

Additional Learning

The accompanying lesson titled How Inflation and Fraud Affect Older Adults will help you further master this material. This lesson covers the following topics:

  • Identify what inflation is
  • Explore how inflation impacts older adults in negative ways
  • Recall fraud with older adults and why they are targeted
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