Medicare Part B pays for a portion of physicians visits, medical equipment, outpatient procedures, rehabilitative therapy, laboratory
Question:
Medicare Part B pays for a portion of physicians’ visits, medical equipment, outpatient procedures, rehabilitative therapy, laboratory tests, X-rays, ambulance service, and blood. Costs were recorded for 1967 to 2015.
Draw the following line charts and briefly describe what the chart tells you about each variable.
a. Original data
b. Per capita data
c. Per capita in constant 1982–1984 dollars
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