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When looking at the nation’s GDP, one can see the healthcare sector has increased approximately five times faster than the nation’s GDP. By looking at the two factors, it can be determined that the increase is due to people spending more money on healthcare than other sectors of the economy. When looking at inflation, the charts show healthcare has not increased as significantly greater than the national inflation rate. With this information, one can deduce healthcare is being driven by the rise in the nation’s inflation rate.
GDP (%) 2003 2004 2005 2006 2007
National 2.51 3.64 3.07 2.87 2...
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