Typically, the higher the level of income per person in a country, the higher the level of spending per person on health care. This relationship between income and spending indicates that health care is

Question

Quizplus · Accepted Answer

Health care is a normal good, meaning that as a person's income increases, their demand for health care also increases. This is because people with higher incomes generally have more disposable income, which they can allocate towards health care expenses. As a result, countries with higher income levels tend to spend more on health care per person.

Typically, the Higher the Level of Income Per Person in a Country