Estimates of the income elasticity of demand for health care indicate that it is about 1.These estimates suggest that spending on health care will probably:
A) increase proportionately with income.
B) increase faster than income.
C) increase less than income.
D) not increase or decrease.

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The Answer of Estimates of the income elasticity of demand for health care indicate that it is about 1.These estimates suggest that spending on health care will probably:
A) increase proportionately with income.
B) increase faster than income.
C) increase less than income.
D) not increase or decrease.

Estimates of the Income Elasticity of Demand for Health Care