Asked by Jackson Davis on Jun 08, 2024
Verified
According to the text, the United States currently spends about _____ of its gross domestic product on health care.
A) 5 percent
B) 10 percent
C) 18 percent
D) 24 percent
Gross Domestic Product
The total market value of all finished goods and services produced within a country's borders in a specific time period, used as a broad measure of economic activity.
Health Care
The organized provision of medical services to individuals or communities to maintain, improve, or manage health, typically including prevention, diagnosis, treatment, and rehabilitation.
- Recognize the significant expenditure the United States makes on health care as a percentage of its GDP.
Verified Answer
AD
Andrew DeMeyerJun 14, 2024
Final Answer :
C
Explanation :
According to the text, the United States currently spends about 18 percent of its gross domestic product on health care.
Learning Objectives
- Recognize the significant expenditure the United States makes on health care as a percentage of its GDP.