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a)Health expenditures in the U.S. have increased from 5% of GDP to 17% of GDP over the past 50 years. List and explain the 3 reasons for this increase.

b) What percent of GDP does the US spend on Health care? The UK? Canada? Do you think the United States spends too much on medical care? Explain your reasoning using the PPF model

International Economics, Economics

  • Category:- International Economics
  • Reference No.:- M9479330

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