- Why do we care that health care spending is growing faster than growth in the overall economy as measured by GDP?
- What are the unique characteristics of health care sector that creates inefficiencies in the market.
- In general, what two metrics would you use to evaluate trade-offs of spending more on health care vs. other non-health care goods. Elaborate on each metric.
- From a government (policymakers) perspective, apply these two metrics to excessive health care spending.
This report should be at least five double-spaced pages,