In 2017, health care spending in the US accounted for approximately of the GDP. 5% 17% O 25% O 38% 45% QUESTION 2 Without any change to the health insurance system, by 2082, health care spending in the US is expected to reach 5% O 18% O 25% 49% QUESTION 3 The main reason why health care spending is increasing over time is O Increasing administrative costs Increasing uncompensated care population aging increase in sophistication and quality of medical services the Affordable Care Act QUESTION 4 Regarding health insurance, the number of uninsured individuals in the US is approximately 8 million 18 million 28 million 48 million 98 million of the GDP.

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter17: Capital And Time
Section: Chapter Questions
Problem 17.2P
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In 2017, health care spending in the US accounted for approximately of the GDP.
O 5%
17%
25%
38%
45%
QUESTION 2
Without any change to the health insurance system, by 2082, health care spending in the US is expected to reach
5%
18%
25%
49%
QUESTION 3
The main reason why health care spending is increasing over time is
O Increasing administrative costs
Increasing uncompensated care
O population aging
increase in sophistication and quality of medical services
the Affordable Care Act
QUESTION 4
Regarding health insurance, the number of uninsured individuals in the US is approximately
8 million
18 million.
28 million
48 million
98 million
of the GDP.
Transcribed Image Text:In 2017, health care spending in the US accounted for approximately of the GDP. O 5% 17% 25% 38% 45% QUESTION 2 Without any change to the health insurance system, by 2082, health care spending in the US is expected to reach 5% 18% 25% 49% QUESTION 3 The main reason why health care spending is increasing over time is O Increasing administrative costs Increasing uncompensated care O population aging increase in sophistication and quality of medical services the Affordable Care Act QUESTION 4 Regarding health insurance, the number of uninsured individuals in the US is approximately 8 million 18 million. 28 million 48 million 98 million of the GDP.
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