Given the trait of human behavior that it is a lot easier (and more fun) to adjust spending upward rather than downward, does it take longer for individuals (micro) or nations (macro) to adjust to changes in income/spending? Why or why not?
In reference to whether people can adjust to spending upwards, it is true that it takes much longer for …
This solution of 95 words discusses micro and macro economics in healthcare. Reference used is included.