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Exam Review for Midterm (Exam 1) HPAM 621 Spring 2020 1. Draw the Grossman PPF and changes to the PPF when circumstances change (Problen Set

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Exam Review for Midterm (Exam 1) HPAM 621 Spring 2020 1. Draw the Grossman PPF and changes to the PPF when circumstances change (Problen Set 1) 2. Know what each term represents in each of the following equations a. U = U(H, Z) b. TP = 0 - TS = TW +TZ+TH c. U = U(Ho, Zo) + 8(H1, Z1) + 82 (H2, Z2) + ...+ 8 (HT, ZT) 3. What are the theories for explaining health disparities, what do they each argue

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