Which of the following is an important reason for the projected increase in government spending as a percentage of GDP over the next several decades?
A)the increase in life expectancy resulting from advances in healthcare
B)an increase in the average number of children per family.
C)the increase in the number of jobs lost each year to foreign countries as a result of outsourcing
D)the reduction in the number of high-cost medical procedures

Question

Quizplus · Accepted Answer

The increase in life expectancy resulting from advances in healthcare would lead to an increase in government spending as more people would require healthcare and retirement benefits for a longer period of time. The other options are not directly related to government spending.

Which of the Following Is an Important Reason for the Projected