Which of the Following Is a Major Reason Why the Medicare

question 327

Multiple Choice

Which of the following is a major reason why the Medicare program is in such financial trouble?

• A) Workers are not paying enough into the program.
• B) The government set reimbursement rates too high.
• C) Because medical services are subsidized by the government, both consumption by the elderly and the cost of services have increased.
• D) There is a shortage of medical school applicants.

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Definitions:

Years

A measurement of time that typically consists of 365 days, or 366 in a leap year, used as a basic unit for gauging durations and intervals.

Total Percentage Return

A measure of the overall return on an investment, including both capital gains and dividends or interest, expressed as a percentage of the initial investment value.

Interest Payment

The payment made by a borrower to a lender as a form of compensation for the use of borrowed money.

Investment

The allocation of resources, such as capital, with the expectation of generating an income or profit.