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Micro and Macro Economics in Healthcare

by | Mar 26

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?

http://www.lidderdale.com/econ/104/ch1Lect.html

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.

  

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