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In the US Health Expenditures on Drugs Amount to About 10% of 10

Question 27

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In the U.S. health expenditures on drugs amount to about 10% of total health expenditures. In Japan, where physicians are legally permitted to sell pharmaceuticals, national expenditures on drugs are almost double the level in the U.S. Discuss how the incentives of physicians differ in both countries. Suggest some reasons why the legal requirements might be so different.

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It looks like, given the incentive to ma...

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