Some experts estimated that national health spending in the United States grew at 1% in excess of the growth rates of GDP. Assume that this trend would persist for the foreseeable future, and given the fact that the share of GDP on health spending stood at 18% in 2016, what would become the share in 2064, 45 years from now (and 48 years from 2016, the base year), when most of you would enter the traditional retirement age? We should assume that GDP would grow at 3% annually. Do you have a problem with the number you arrive at?
Answers: 3
Other questions on the subject: Business
Business, 22.06.2019 05:00, grangian06
Personal financial planning is the process of creating and achieving financial goals? true or false
Answers: 1
Business, 22.06.2019 11:30, zitterkoph
Leticia has worked for 20 years in the public relations department of a large firm and has been the vice-president for the past ten years. it is unlikely she will ever be promoted to the top executive position in her firm even though she has directed several successful projects and is quite capable. her lack of promotion is an illustration of (a) the "glass ceiling" (b) the "glass elevator" (c) the "mommy track" (d) sexual harassment
Answers: 3
You know the right answer?
Some experts estimated that national health spending in the United States grew at 1% in excess of th...
Questions in other subjects:
History, 18.10.2019 20:10
English, 18.10.2019 20:10
Social Studies, 18.10.2019 20:10
Geography, 18.10.2019 20:10
Mathematics, 18.10.2019 20:10
Chemistry, 18.10.2019 20:10
