Asked by
ETHAN JIMENEZ
on Nov 26, 2024
Verified
As a percentage of GDP, health care spending in the United States has
A) decreased substantially since 1960.
B) increased slightly since 1960.
C) increased substantially since 1960.
D) remained relatively constant since 1960.
GDP
GDP, or Gross Domestic Product, is the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.
Health Care Spending
The total expenditure on health services by individuals, insurance companies, and governments, including the cost of medical products, treatments, and preventive services.
- Explore the tendencies in financial allocations for health care in the U.S., analyzing the segment of the GDP they represent and their total dollar figure.
Verified Answer
BF
Learning Objectives
- Explore the tendencies in financial allocations for health care in the U.S., analyzing the segment of the GDP they represent and their total dollar figure.