From one year to the next, aggregate GDP rises by 2 percent and aggregate health

Question

From one year to the next, aggregate GDP rises by 2 percent and aggregate healthcare expenditures rise by 5 percent. From this information we can infer that: Select one: a. The health expenditure share has fallen, because health care is only a small fraction of GDP b. The health expenditure share has risen, because health expenditures have risen by a greater percentage than the GDP C. The health expenditure share has fallen, because GDP has increased. d. We have insufficient information to answer the question.

Explanation / Answer

b

the above option is the answer

because there is higher growth in health expenditure than GDP growth

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