Most of the increase in the labor portion

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Most of the increase in the labor portion of total health care expenditures in the past 40 years can be explained by

a) increased real wages of physicians.

b) increased real wages of non-physician health care personnel.

c) increased number of non-physician health care personnel.

d) decreased number of physicians combined with increased demand for physicians.

e) shared income hypothesis.

Reference no: EM131101461

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