Asked by
Amrit Rehsi
on Dec 19, 2024Verified
The rising prices, quantities, and costs of health care in the U.S. are the result of
A) demand for health care increasing faster than supply.
B) supply of health care decreasing.
C) supply of health care decreasing faster than demand.
D) supply of health care decreasing coupled with demand increasing.
Rising Prices
An economic situation characterized by a general increase in the prices of goods and services over a period of time, often measured by inflation rates.
Health Care Costs
The expenses related to medical services, treatments, drugs, and other health-related items.
- Understand the discussion related to the distribution of resources within the healthcare sector.
Verified Answer
EA
Learning Objectives
- Understand the discussion related to the distribution of resources within the healthcare sector.
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