One Reason for the Relatively Larger Increase in Health Care

question 6

Multiple Choice

One reason for the relatively larger increase in health care costs in America versus similar countries is America's

• A)Rising use of health insurance, a third-party payer
• B)Increasing attention to health and fitness
• C)Faster and higher rate of use of high-tech medical care
• D)Decline in health-related issues

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Definitions:

Employed Category

A classification of individuals who are currently working in a paid job, whether full-time or part-time.

Natural Rate

Often referred to as the natural rate of unemployment, it is the level of unemployment at which there is no cyclical or deficient-demand unemployment, commonly seen as the equilibrium state of the labor market.

Unemployment Rates

The quantity of individuals in the workforce who are unemployed and making efforts to find job opportunities.

Unemployment Rate

The percentage of the labor force that is unemployed and actively looking for employment.