The High Out-Of-Pocket Costs Incurred by Nearly One in Four

question 3

Multiple Choice

The high out-of-pocket costs incurred by nearly one in four adults in 2005 is due primarily to:

• A) the falling value of real wages.
• B) rising numbers of uninsured.
• C) rising rates of personal bankruptcy.
• D) rising costs among those with private insurance.
• E) none of the above

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Definitions:

Secondary Storage

Non-volatile storage that keeps data persistently saved even when not in active use, such as hard drives, SSDs, or cloud storage.

Tertiary Storage

A form of data storage that typically involves removable media with high capacity, used for archiving or backup purposes.

Quaternary Storage

A type of data storage system designed to store large volumes of data using optical or magnetic technology, often for archival purposes.

SSDs

Solid State Drives, a type of non-volatile storage media that uses flash memory to store data, offering faster data access speeds and greater reliability than traditional hard disk drives.