1
answer
0
watching
48
views
28 Sep 2019
Under the current structure of Medicare, economic theory indicates that the movement of the baby boom
generation into the retirement phase of life during the years following 2010 will
a. reduce the share of health-care services paid for by a third party.
b. push both health-care prices and expenditures upward.
c. increase the incentive of suppliers to provide health-care services at a low cost.
d. increase the incentive of consumers to economize on their use of health care.
PLEASE EXPLAIN IT. THANKS
Under the current structure of Medicare, economic theory indicates that the movement of the baby boom
generation into the retirement phase of life during the years following 2010 will
a. reduce the share of health-care services paid for by a third party.
b. push both health-care prices and expenditures upward.
c. increase the incentive of suppliers to provide health-care services at a low cost.
d. increase the incentive of consumers to economize on their use of health care.
PLEASE EXPLAIN IT. THANKS
1
answer
0
watching
48
views
For unlimited access to Homework Help, a Homework+ subscription is required.
Mahe AlamLv10
29 Sep 2019