EBK HEALTH ECONOMICS
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ISBN: 9781137029973
Author: TU
Publisher: YUZU
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Question
Chapter 4, Problem 1E
To determine
Determine whether the given statement is true or false.
Expert Solution & Answer
Explanation of Solution
According to the Grossman model, well-educated people are more efficient producers of health. This is because they are more aware about the health. Hence, it is expected that educated males live longer than poorly educated males in the United States. This is a classic example of socioeconomic health disparity. Thus, the given statement is true.
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