The total national health expenditures, in billions of dollars, increased by approximately $50 billion from 1995 to 1996 and from 1996 to 1997. The total national health expenditures for 1997 was approximately $1,092 billion (U.S. Census Bureau, Nation Health Expenditures). If health expenditures continue to increase at this approximate rate, what would the expected expenditures be in 2005?
A) $1,492 billion
B) $1,742 billion
C) $1,442 billion
D) $1,392 billion
E) $1,692 billion

Question

Quizplus · Accepted Answer

The increase is $50 billion per year. From 1997 to 2005 is 8 years, so the increase is $50 billion * 8 = $400 billion. Adding this to the 1997 figure of $1,092 billion gives $1,492 billion.

The Total National Health Expenditures, in Billions of Dollars, Increased