The healthcare sector currently comprises more than one sixth (18%) of the entire economy; it is big and growing. The opportunity cost of this growth includes all of the following except
A) direct cost of labor resources that went into the healthcare industry
B) direct cost of capital resources that went into the healthcare industry
C) direct cost of land resources that went into the healthcare industry
D) the value of the new jobs that the healthcare sector continues to create at a faster rate, compared to other industries
E) the foregone value of the output not created by other industries, as the resources that could have been used in those industries were diverted to health care
Correct Answer:
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