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29 Sep 2019
Are the statements true or false? Please explain
1. In Grossman Model the old has worse health since they become sick more often.
2. If demand is downward sloping then individuals do not respond to price changes.
3. The Fuchs hypothesis argues that it is low socioeconomic status that causes bad health.
4. Better educated people generally have better health even with the same resources.
5. Although the demand for health care is mostly downward sloping, demand for pediatric care is not since people donât take price into consideration when they decide on their childrenâs health care.
Are the statements true or false? Please explain
1. In Grossman Model the old has worse health since they become sick more often.
2. If demand is downward sloping then individuals do not respond to price changes.
3. The Fuchs hypothesis argues that it is low socioeconomic status that causes bad health.
4. Better educated people generally have better health even with the same resources.
5. Although the demand for health care is mostly downward sloping, demand for pediatric care is not since people donât take price into consideration when they decide on their childrenâs health care.
Kristelle BalandoLv10
29 Sep 2019
