Which Statement Is True Regarding Financial Issues in Late Adulthood

Multiple Choice

Which statement is true regarding financial issues in late adulthood?

A) Social inequities that various socioeconomic groups experience magnify with increasing age.
B) Social inequities seem to level out in late adulthood.
C) People who spend money early in their lives adopt a meager spending style.
D) Cost of living does not have a profound effect in late adulthood.