Medicare. After we take out the $369.8 billion of personal expenditures detailed above, we are left with $297.9 billion in unallocated healthcare spending. $109.5 billion of that amount was spent on Medicare. Thatâs an additional $3,532 per person over the age of 65. That leaves us with $188.4 billion in unallocated healthcare spending. $78.7 billion of that amount was spent primarily on Medicaid. I was unable to find a breakdown of Medicaid spending in 1990 so weâll just have to use 2006 allocations.
interest definition: Interest is defined as the amount of money paid for the use of someone else's money. (noun) An example of interest is the $20 that was earned this year on your savings account. An example of interest is the $2000 you paid in inte...
Interest is money paid by a borrower to a lender for a credit or a similar liability. It is the charge for the privilege of borrowing money. Important examples are bond yields, interest paid for bank loans, and returns on savings. Interest differs from profit in that it is paid to a lender, whereas profit is paid to an owner. In economics, the various forms of credit are also referred to as loanable funds.