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EXHIBIT 1 Annual Hospital Spending Growth, Actual And Trend, GDP Price Deflated, 1961–2001

SOURCE: Authors’ calculations based on S. Heffler et al., "Health Spending Projections for 2002–2012," 7 February 2003, www.healthaffairs.org/WebExclusives/Heffler_Web_Excl_020703.htm (10 July 2003); and Bureau of Economic Analysis, U.S. Department of Commerce

NOTE: GDP is gross domestic product.