Asked by Cristina LopezMartinez on May 04, 2024
Verified
As suggested, the aging populations in more developed countries will result in _____ health care costs and/but _____ in the size of the working population or labor pool.
A) increased; a reduction
B) increased; stagnation
C) steady; a decrease
D) nominal raises in; an increase
Health Care Costs
The total expenditures for services and products related to the treatment and prevention of illness or the maintenance of health.
Labor Pool
The supply of available workers in a particular area or from a specific industry or occupation.
- Perceive the influence of reduced order cycle intervals on the oversight of supply chains.
Verified Answer
KD
Kaitlyn DemeraskiMay 08, 2024
Final Answer :
A
Explanation :
The aging population will result in increased health care costs due to greater demand for medical attention and treatments. At the same time, the size of the working population or labor pool will decrease, as a result of retirement and lower birth rates, leading to a reduction in the number of taxpayers supporting the health care system.
Learning Objectives
- Perceive the influence of reduced order cycle intervals on the oversight of supply chains.