Economics for Healthcare Managers, Third Edition
3rd Edition
ISBN: 9781567936766
Author: Robert H. Lee
Publisher: Health Administration Press
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Question
Chapter 2, Problem 5E
To determine
Expenditure in 2000 in terms of 2006 dollar.
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Students have asked these similar questions
What impact does the National Center for Health Statistics have on a country's economy and healthcare system?
Total spending on health care in a certain region rose from $937 million in 1976 to $946 billion in 2007, Compare this rise in health care spending to the overall rate of inflation as measured by the Consumer Price Index.
A Click the icon to view the Average Annual Consumer Price Index.
%.
(Round to the nearest percent as needed.)
Health care spending increased by
The overall rate of inflation was %.
i Average Annual Consumer Price Index (1982-1984=100
X.
(Round to the nearest percent as needed.)
Year
CPI
Year
CPI
Year
CPI
1976
56.9
1987
1988
113.6
1998
163.0
1977
606
118.3
1999
166.6
65.2
1978
1979
1989
124.0
2000
172.2
72.6
1990
130.7
2001
177.1
136.2
140.3
144.5
2002
2003
2004
179.9
184.0
188.9
195.3
201.6
207.3
215.3
1980
82.4
1991
1981
1982
90.9
1992
96.5
1993
1983
99.6
1994
148.2
2005
152.4
156.9
160.5
1984
103.9
1995
2006
1996
2007
1985
1986
107.6
109.6
1997
2008
Print
Done
What proportion on the GDP is spent on health care?
0.2
0.75
0.18
0.30
Chapter 2 Solutions
Economics for Healthcare Managers, Third Edition
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