Health care spending (S) can be summarized by the following equation: (a) Identify three factors that might lead to the rapid growth of health care spending. (b) Compare health care spending to housing expenditures and to food expenditures. How are the sectors similar? How do they differ? 2. Identify five distinctive features of the health economy. Examine each one separately, and describe other commodities or sectors that share those features. Do any other commodities or sectors have all the features you listed?

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