1. Suppose health care costs in the U.S. account for 10% of current GDP, but are...
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1. Suppose health care costs in the U.S. account for 10% of current GDP, but are growing at a continuously compounded rate of 4.8% rate, while the GDP overall growth rate is 2%. What will be the % of GDP devoted to health care in 30 years? 1. Suppose health care costs in the U.S. account for 10% of current GDP, but are growing at a continuously compounded rate of 4.8% rate, while the GDP overall growth rate is 2%. What will be the % of GDP devoted to health care in 30 years?
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Corporate Finance A Focused Approach
ISBN: 978-1305637108
6th edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
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