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1. An article by Keegan and colleagues (2011) estimates that the proportion of national income spent on health care will rise to 19.8 percent in
1. An article by Keegan and colleagues (2011) estimates that the proportion of national income spent on health care will rise to 19.8 percent in 2020. In the past, however, such long-range predictions have been far off target. Discuss reasons why such projections may overstate this growth.
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