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Real Health Care Wages Have Risen Over the Past Forty

Question 15

Multiple Choice

Real health care wages have risen over the past forty years because


A) of government policies which provided incentives for that.
B) of a long-lasting impact from the Medicare enactment in 1965.
C) prices in the healthcare industry were rising faster than the inflation rate in the rest of the economy.
D) a greater share of each dollar spent has been allocated to healthcare.
E) growth in real health care wages is primarily determined by the shared income hypothesis.

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