In 2019, Health Care Spending Is Growing at a Faster

question 15

Multiple Choice

In 2019, health care spending is growing at a faster rate than the national economy. Growth is expected to average about _____ between 2015 and 2025.

• A) 2% each year
• B) 6% each year
• C) 13% each year
• D) 24% each year

---

Definitions:

Disposable Income

The financial capacity of households to spend and save, net of income taxes.

Savings

The part of earnings not used for purchasing goods or services, typically saved for investing or future needs.

Disposable Income

Indicates the sum of funds households can allocate towards expenditure and savings once income taxes have been deducted.

Disposable Income

Households' available economic resources for spending and saving post-tax.