Question #25

The latest data shows that Australians have on average lost more than 12 per cent of their real wealth in the last year as a result of the GFC. This means

• that it will harder for the country as a whole to provide health care to our ageing population in the future.
• that it will harder for the country as a whole to provide health care to our ageing population in the future only if the wealth doesn't grow again.
• that it will be neither harder or easier for the country as a whole to provide health care to our ageing population in the future.

Answer #178

Answer: that it will be neither harder or easier for the country as a whole to provide health care to our ageing population in the future.

Explanation

Please see Social security insolvency 101 for further details or post a question via the Comments.