The federal government supports health care spending through the Canada Health Transfer.As the population ages and the number of people who are over 65 continues to rise, government spending on health care will

Question

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As the government spends more on health care, there will be less funding available for other government programs, such as education, housing, and infrastructure. This could lead to a reduction in services in these areas, which could have negative effects on the economy as a whole. The other options (A, B, and D) are not accurate or likely outcomes. The government is not likely to go bankrupt within the next 5 years due to health care spending, as it has other revenue streams and can make adjustments to its budget. Health care spending is not likely to destabilize the economy or lead to new taxes, as the government has mechanisms in place to manage spending and revenue. Finally, hiring more nurses instead of doctors is not a guaranteed way to reduce health care costs, as there are many factors that contribute to the overall cost of providing health care services.

The Federal Government Supports Health Care Spending Through the Canada