Many Health Economists Believe That It Will Be Very Difficult

Multiple Choice

Many health economists believe that it will be very difficult to stem the rise in health care costs because

A) government intervention is unpopular with most citizens, especially the elderly.
B) improvements in medical technology have not kept pace with technological improvements in other sectors of the economy.
C) increased competition will increase rather than reduce costs.
D) medical advances are providing better ways to extend and improve human lives but at high costs.