1) EXPLAIN ONE way in which the Covid 19 pandemic produced unequal economic outcomes. 2) EXPLAIN ONE way in which the pandemic produced unequal health outcomes.

Q: If a wealthy person chooses to spend large sums of money to increase the probability of surviving an…

A: Fatal disease - disease that have high probability that the patient will die.

Q: Economists ___________ perform controlled experiments the way medical researchers can.

A: An experimental economics subfield looks at human behaviour in real-world situations instead of…

Q: Explain what is meant by the following sentence: “All Whole Life policies involve prefunding of…

A: Whole life insurance policies involve certain criteria that needs to be fulfilled by the consumer of…

Q: Suppose the government imposes a system of price ceilings in the health care industry as part of an…

A: The price ceiling is a legal maximum on the price at which goods can be sold.  Price ceiling can be…

Q: What has been the role of public health measures in improving the health status of the population?…

A: To safeguard the population's health, the government should impose stringent regulations. A healthy…

Q: Discuss whether public health and the economy are complementary or competing goals in the pandemic.

A: COVID-19 is a very serious issue which world is facing these days. As it is a communicable disease,…

Q: Why will the market fail to yield efficient outcome during the pandemic?

A: The markets will fail to yield efficient outcome because of several markets in the economy which…

Q: Describe Grossman's Improvement Model of Health.  How does Grossman reconcile health as both…

A: In the Grossman model of health demand, we study the interaction between the demand function for…

Q: d demand a

A: During COVID-19, households might tend to cut their consumption in order to offset losses in income…

Q: How does Health Economics relate to individual Health Paracetamol 2021 2022 Quantity Demanded…

A: The study of efficiency, effectiveness, value, and behavior in the production and use of health care…

Q: Build and secure a market based economic intervention to address the social determinants of health.

A: Market based economic intervention for building health determinants would be to increase medical…

Q: Discuss three effects of a named pandemic on the economy of a named Caribbean Country.

A: Selecting the recent pandemic COVID-19 and the respective Caribbean country Bahamas. There is a very…

Q: Find evidence that can explain how the difference in educational attainment influences the health of…

A: Individuals with greater levels of education had better health outcomes than those with lower levels…

Q: Why economics is essential in addressing the health-related problem?

A: Economics is a diverse subject and is needed everywhere. The resources are limited and thus, proper…

Q: In what sense is the individual considered a “producer” of health in the Grossman model?

A: It is well said that unhealthy countries tend to be poor which means poor countries tend to be…

Q: Is the monopoly on patented pharmaceuticals warranted? What barrier to entry prevents the…

A: Reimportation refers to the importation of a good into an economic region or country that was…

Q: Given the future and developments in health, are the benefits more significant than the costs that…

A: In an economy, government make expenditure on various sectors, such as education, infrastructure,…

Q: How do preferences on the available vaccine for COVID19 affect or contribute to microeconomics?…

A: The word "Micro" means "Small" and "Economics" is the subject matter that deals with the economical…

Q: Give an example of supply and demand during the pandemic

A: The supply and the demand of the pandemic would result in the market forces of the demand and supply…

Q: How can extensive government intervention influence health economics

A: Health economics is the study of economics that deals with concerns of the supply of health care in…

Q: Suppose that you graph nations' health expenditures against income and see that the US's point lies…

A: Health economics is essential because it investigates how stakeholders' and recipients' economic…

Q: During the course of a pandemic, does a company that is considering outsourcing face any unique…

A: The practice of contracting out certain corporate operations or procedures to outside third parties…

Q: how does coronovirus pandemic affects the economy of the philippines? were the government had…

A: Coronavirus Pandemic Effect on the Philippines GDP  The pandemic made the Philippines' economy decay…

Q: The UN Committee on Economic, Social, and Cultural Rights (CESCR) is charged with interpreting the…

A: It qualifies individuals for a system of health security, including the anticipation, treatment and…

Q: That is the "triple aim" concept as applied to health care goals?

A: The provision of medical services and assistance to people and communities in order to preserve and…

Q: What have been some Economic consequences of a Pandemic?

A: A pandemic is the global spread of a newly discovered illness. The respiratory viral illnesses with…

Q: How can you relate the changes in vaccines to overall growth in the economy and the production…

A: Production possibilities curve - Curve that illustrate combination of two product that can be…

Q: Provide at least five determinants of health at an economic perspective and provide a brief…

A: Below given five determinants of health at an economic perspective

Q: How pandemic COVID 19 affected the global chain ?

A: When the COVID-19 epidemic hit the world, it revealed the vulnerability of global supply systems. It…

Q: how Consumers' spending habits changed during the covid19 pandemic? Please explain these changes

A: Answer: Consumer spending refers to the consumers' spending on different final goods and services…