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What will happen to the aggregate demand for health care as the “baby boom” generation enters...

What will happen to the aggregate demand for health care as the “baby boom” generation enters old age? Why?

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Answer #1

Baby boom generation are those who are born between 1946 and 1964, which was marked by significant increase in birth rate. So when these people reach old age, the demand for health care increases as there would be more need of health care during old ages.

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