Spending on health care and Old Age Security is expected to grow over the next few decades

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Spending on health care and Old Age Security is expected to grow over the next few decades as the share of the population who are elderly grows. Explain why an aging population increases government spending on these programs. Which level of government is responsible for health care and Old Age Security?

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Principles Of Macroeconomics

ISBN: 9781982166649

1st Canadian Edition

Authors: Betsey Stevenson, Justin Wolfers, Philip Oreopoulos, Kevin Milligan

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