Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 22 - Health Care - Discussion Questions - Page 510: 8

Answer

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Work Step by Step

Medical advances have increased the chances that people will pay for health insurance, for more effective medicine is more attractive to have. With this being said, new advances are expensive, so now more than ever, health care is often too much of a burden for the poor to afford.
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