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Other things the same,if workers and firms expected inflation to be 2%,but it is only 1% then
Medicare
A federal health insurance program primarily for people who are 65 or older, providing coverage for hospital care, medical services, and prescription drugs.
Baby Boom Generation
Refers to the demographic cohort born approximately between 1946 and 1964, noted for its significant rise in birth rates.
Medical Services
Healthcare activities provided by professionals to maintain, restore, or improve individuals' health.
Health-Care Expenditures
The financial resources spent on medical services and health care by individuals, organizations, or governments.
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