From an economic perspective, explain why health care spending cannot grow greater than overall growth in the economy for an extended period of time without adverse consequences.a. Identify what economic constraints overall and in the healthcare industry will occur if this happens.2. Identify TWO Economic concepts that can be used to evaluate the trade-off between health care and other economic goods and services. In doing this:• Define the economic concept completely• Apply the economic concept to the current issue of rising health care spending and trade-offs3. Evaluate the unique characteristics in health care that complicate this analysis.This briefing report should be at least four double-spaced pages, include a reference page, and cover page. In writing, your report you should rely largely on reference material in the course readings and summary slides in Week 1 and Week 2. Be sure to include your name and section headers corresponding to the parts of the report above. http://ezproxy.umgc.edu/login?url=https://search.ebscohost.com/login.aspx?direct=true