Which of the Following Factors Has Contributed to Rising Health

question 165

Multiple Choice

Which of the following factors has contributed to rising health care prices in the United States?

• A)The supply of physicians per 100,000 people has decreased since 1975.
• B)Productivity growth in the health care industry has been negative in recent years.
• C)Improvements in medical technology have significantly increased the number of patients that can be treated each year.
• D)The supply of physicians per 100,000 people has risen since 1975, but not as fast as the increase in the demand for physicians' services.

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Definitions:

Noncontrolling Interest

The portion of equity interest in a subsidiary not attributable to the parent company, which appears in the consolidated financial statements.

Buildings

Structures considered as fixed assets, used for commercial or industrial purposes, and recorded on a company's balance sheet.

Equity Method

An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and subsequently adjusted to reflect the investor's share of the investee's net assets and income.

Investment Account

An account held at a financial institution, enabling individuals or entities to hold and manage their investment portfolios.