Which of the Following Applies Most to the Reason Why

question 7

Multiple Choice

Which of the following applies most to the reason why long-term care lacks an appropriate amount of funding?

• A) Congress created a cap on Medicaid spending for long-term care and care of the disabled.
• B) Many proposals have been created and then failed to be successful.
• C) Ageing baby boomers continue to cause long-term care costs to increase and consistently be insufficient.
• D) Programs that have been proposed have been deemed far too costly and never get voted into
• Law)

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Definitions:

Investment Opportunity

An asset or item that can potentially generate a significant return or profit through appreciation, dividends, or interest.

Operations

The day-to-day activities involved in running a business, focusing on producing goods and services efficiently and effectively.

Variable Maintenance Costs

These are expenses that fluctuate in direct proportion to the level of activity or production, such as the costs of repairing machinery which increase with more intensive use.

Equipment Services Department

A division within an organization responsible for maintaining, repairing, and ensuring the operational efficiency of machinery and equipment.