Like spending on Social Security,the share of federal government spending on Medicare has risen substantially over time.This is most likely a result of
A)a rising population of poor in the economy.
B)a rising population of the elderly in the economy.
C)an immigration policy that promotes an influx of migrant farm workers.
D)All of the above are important factors.

Question

Quizplus · Accepted Answer

The rising share of federal government spending on Medicare is most likely a result of a rising population of the elderly in the economy. As the baby boomer generation ages, there are more individuals who are eligible for and rely on Medicare coverage, thereby increasing the overall amount of spending on the program.

Like Spending on Social Security,the Share of Federal Government Spending