Number of institutionalized per year A health care economist is studying the profitability of nursing homes in the U.S.,and bases his estimates on the total 65 and older nursing home population which,to his surprise,has remained fairly stable at about __________ million per year.

Question

Quizplus · Accepted Answer

According to the information given, the health care economist found that the total nursing home population of those 65 and older has remained fairly stable. The only answer choice that falls within the range of "fairly stable" is B) 1.3 to 1.4 million per year. Therefore, this is the best choice.

Number of Institutionalized Per Year a Health Care Economist Is