4. What's Wrong with This Economic Experiment? A researcher hypothesizes that the medical attention received by U.S.

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4. What's Wrong with This Economic Experiment?

A researcher hypothesizes that the medical attention received by U.S. citizens is inadequate because many people cannot afford medical care. He interviews 1 00 randomly selected individuals and asks them, "Would you use physician services or hospital and nursing home medical facilities more if they were not so expensive?"

Ninety-six of the 1 00 answer in the affirmative. The researcher concludes that there is a critical need to allocate more resources to the provision of free medical care for all citizens.

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Macroeconomics Private And Public Choice

ISBN: 9780123110701

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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