Based on projections from the U.S. Census Bureau and the Congressional Budget Office,
A) there will be a significant increase in the demand for health care by the year 2020.
B) there will be a significant decrease in the demand for health care by the year 2020.
C) there will be no significant change in the demand for health care by the year 2020.
D) the change in the supply of health care will more than make up for the change in demand for health care by the year 2020.

Question

Quizplus · Accepted Answer

The U.S. Census Bureau and the Congressional Budget Office both project a significant increase in the number of elderly individuals in the U.S. by the year 2020. Since older individuals generally require more healthcare services, this demographic shift is likely to result in a significant increase in the demand for healthcare services.

Based on Projections from the U