Based on its current rate of growth, health care spending as a percentage of GDP through Medicare, Medicaid, and other U.S. government programs is expected to
A) stabilize within the next 20 years.
B) account for a majority of spending as a percentage of GDP within 5 years.
C) slow down during this decade.
D) double over the next 40 years.
Answer: D
Economics
You might also like to view...
Which of the following does NOT decrease aggregate demand in the United States?
A) a decrease in GDP in Germany B) a decrease in government spending C) a decrease in the price of oil D) a decrease in the supply of money
Economics
Nominal GDP is $15 trillion and real GDP is $10 trillion. What is the GDP deflator? Show your work
Economics