Asked by Hunter Kinnett on Apr 27, 2024
Verified
Rapidly rising U.S. health care costs have
A) forced the growth of wages to keep pace.
B) encouraged outsourcing.
C) caused some employers to use more part-time and temporary workers.
D) done all of these.
Rising U.S. Health Care Costs
This term refers to the increasing expenditure on health care services in the United States, often attributed to factors like medical technology advancements, higher prices for services, and an aging population.
Part-time And Temporary Workers
Employees hired on a non-permanent or short-term basis, often working fewer hours than full-time positions.
Outsourcing
The business practice of hiring external firms or individuals to perform services or create goods that traditionally were performed in-house.
- Grasp the impact of rapidly rising health care costs on employers and the labor market.
Verified Answer
Learning Objectives
- Grasp the impact of rapidly rising health care costs on employers and the labor market.
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