Which of the Following Factors Has Contributed to Rising Health

question 16

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:

Legal Services

Professional services provided by lawyers or legal practitioners related to the law.

Industrial Firm

An organization that produces goods through the processing of raw materials, manufacturing of products, and (in most cases) the sale of these products to traders, other industries, and end consumers.

Reprocesses

The act of processing materials or products again, often to recover usable elements or to ensure quality standards are met.

NAICS

The North American Industry Classification System, a standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy.