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QUESTION
2. Why has employer-paid health insurance been an important stimulant of demand for health insurance?
2. Why has employer-paid health insurance been an important stimulant of demand for health insurance?
AnswerDuring the time period of 70s the inflation rate (which might be defined as, ‘measure ofinflation’, the rate of increase of a ‘price index’) became high, due to which a number of...