Health care spending accounted for what percentage of U.S. GDP in 1960 and in 2017?

A) 5.0 percent and 5.45 percent, respectively
B) 10.0 percent and 12.2 percent, respectively
C) 5.0 percent and 17.9 percent, respectively
D) 20.0 percent and 33.5 percent, respectively

Question

Eboni Jackson · Accepted Answer

Final Answer : C, Explanation :  In 1960, health care spending was about 5.0 percent of the U.S. GDP. By 2017, this figure had risen significantly to approximately 17.9 percent, reflecting the growing cost and expansion of health care services and technologies in the United States over this period.

Health care spending accounted for what percentage of U.S. GDP in 1960 and in 2017?

A) 5.0 percent and 5.45 percent, respectively
B) 10.0 percent and 12.2 percent, respectively
C) 5.0 percent and 17.9 percent, respectively
D) 20.0 percent and 33.5 percent, respectively

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Health care spending accounted for what percentage of U.S. GDP in 1960 and in 2017?A) 5.0 percent and 5.45 percent, respectivelyB) 10.0 percent and 12.2 percent, respectivelyC) 5.0 percent and 17.9 percent, respectivelyD) 20.0 percent and 33.5 percent, respectively

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Learning Objectives

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Related questions

Health care spending accounted for what percentage of U.S. GDP in 1960 and in 2017?

A) 5.0 percent and 5.45 percent, respectively
B) 10.0 percent and 12.2 percent, respectively
C) 5.0 percent and 17.9 percent, respectively
D) 20.0 percent and 33.5 percent, respectively