Compared to younger people, those who are 65 and older tend to consume roughly:
A. Twice as much health care
B. About the same amount of health care
C. Three-and-a-half times as much health care
D. 10% less health care
C. Three-and-a-half times as much health care
You might also like to view...
Describe intellectual property rights. What agreements have been reached regarding their protection? What are the benefits and the costs of protecting intellectual property rights?
What will be an ideal response?
The flows of money compared to the flow of resources, goods, and services in the circular flow model
a. occur only once, then they become stocks (as opposed to flows) b. are equivalent when the number of households equals the number of firms c. move in the same direction as long as payments equal revenue d. always lag behind the flow of resources, goods, and services e. move in the opposite direction