The growth rate of the elderly population will accelerate in the future as the baby boomers move into the retirement phase of life during the years following 2010. Unless structural changes are undertaken, this increase in the growth rate of the elderly population
A) will cause future health-care prices and expenditures to increase even more rapidly than in the past.
B) will cause future health-care prices and expenditures to decrease rapidly.
C) will cause the rate of technological advance in medicine to slow significantly.
D) is generally expected to have no significant impact on the health-care industry.
Correct Answer:
Verified
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