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Question 157 - HCISPP discussion

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Price inflation has been a major contributor to the rise of health care costs in the recent decades.

This inflation has been due to:

A.
Prices of health care rising more rapidly than prices in the overall economy.
Answers
A.
Prices of health care rising more rapidly than prices in the overall economy.
B.
An increase in the quantities of health care utilized relative to increases in the overall quantity of goods and services.
Answers
B.
An increase in the quantities of health care utilized relative to increases in the overall quantity of goods and services.
C.
Both A and B
Answers
C.
Both A and B
D.
Factors other than price or quantity of health care.
Answers
D.
Factors other than price or quantity of health care.
Suggested answer: C
asked 18/09/2024
gayathri devi
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