The text refers to health care as a normal good. Briefly explain why. In the future, is

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The text refers to health care as a normal good. Briefly explain why. In the future, is it possible that health care in the United States could become an inferior good? Briefly explain how it would be possible to tell if this change had occurred.

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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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Question Posted: Nov 01, 2017 06:58 AM

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The text refers to health care as a normal good. Briefly explain why. In the future, is

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Health care is a normal good because as consumer incomes have risen in the ...View the full answer

Economics

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