Health Care Is Generally Considered a Normal Good

question 253

Essay

Health care is generally considered a normal good.Briefly explain what you would expect to see happen to spending on health care over time,with health care being considered as a normal good.

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Definitions:

Organization-Wide Norms

The shared expectations and rules that guide behavior of members within an entire organization.

Vested Interests

The stake or involvement one has in an outcome that, typically, provides personal benefit, financial gain, or power.

Habit

is a regular behavior or routine that is performed repeatedly, often unconsciously.

Resistance To Change

The reluctance or refusal to accept or adapt to changes within the organizational environment or personal life.