Suppose you were hired as an adviser to a low income country and you were expert in the theory of…

Suppose you were hired as an adviser to a low income country and you were expert in the theory of…

Suppose you were hired as an adviser to a low income country and you were expert in the theory of production, the historical role of medicine and the modern day health production function studies. The government of this country seeks advice on whether to invest in health or other forms of economic investment, for example education, transport, etc. What would be your advice? Provide evidence to support your discussion. HINT: think in terms of the margin.

Suppose you were hired as an adviser to a low income country and you were expert in the theory of…

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