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Studies in Industrially Advanced Nations Indicate That a 3 Percent

Question 117

Multiple Choice

Studies in industrially advanced nations indicate that a 3 percent increase in incomes will generate a


A) 1 percent increase in the amount of health care demanded.
B) 1.5 percent increase in the amount of health care demanded.
C) 3 percent increase in the amount of health care demanded.
D) 6 percent increase in the amount of health care demanded.

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