Asked by
Walancia Registre
on Nov 26, 2024
Verified
Since 1960, health care costs in the United States have risen absolutely but remained constant as a percentage of gross domestic product.
Gross Domestic Product
The total value of all goods and services produced within a country's borders in a specific time period, used as a measure of economic performance.
Health Care Costs
The total expenses associated with medical services, products, and procedures, reflecting the financial burden of maintaining health and treating illnesses.
- Learn about the array of influences that have led to the heightened costs associated with health care in the U.S.
Verified Answer
CL
Learning Objectives
- Learn about the array of influences that have led to the heightened costs associated with health care in the U.S.