Healthcare expenditure per capita in 2019 ($ thousand)Healthcare expenditure per capita vs life expectancyUnited States$10,921 77.3y111087210AfricaAsiaEuropeNorth AmericaOceaniaSouth AmericaChad$30 54.5y55Eswatini$264 | 60.7y60Bahamas$2,005 74.1ySouth Africa$547 64.4y6570Switzerland$9,666 83.1yCanada$5,048 81.7y75Norway$8,007 | 83.2yUnited Kingdom$4,313 80.9yLife expectancy at birth (years)80Iceland$6,275 83.1yAustralia$5,427 | 83.2yJapan$4,360 84.6ySingapore$2,633 83.7yChile$1,376 80.3y85 The figure below shows a plot of Healthcare Expenditure per capita in 2019 and Life Expectancyaccording to data sourced from the World Bank with regions around the world being colour-coded(e.g. Australia, which is in Oceania, has health expenditure per capita of $5,427 and life expectancyof 83.2 years). In no more than 200 words, describe the patterns that you see in this figure.

It is given that: The plot is given related to the different countries and their total expenditure…

The figure below shows a plot of Healthcare Expenditure per capita in 2019 and Life Expectancy according to data sourced from the World Bank with regions around the world being colour-coded (e.g. Australia, which is in Oceania, has health expenditure per capita of $5,427 and life expectancy of 83.2 years). In no more than 200 words, describe the patterns that you see in this figure.

The figure below shows a plot of Healthcare Expenditure per capita in 2019 and Life Expectancy according to data sourced from the World Bank with regions around the world being colour-coded (e.g. Australia, which is in Oceania, has health expenditure per capita of $5,427 and life expectancy of 83.2 years). In no more than 200 words, describe the patterns that you see in this figure.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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