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Doctor Shortage and Living Standards

Question

Discuss whether or not a decrease in the number of doctors will reduce living standards.

Category:

Labor Market and Income Distribution

Frequently asked question

Preview Answer

I. 🍃Introduction
- Brief explanation of the topic

II. Reasons why a shortage of doctors might have negative effects
- Patients may receive worse quality healthcare, reducing life expectancy
- Productive capacity of the economy could fall in the long run due to decreased life expectancy and more sick days
- Worse healthcare can decrease productivity, causing wages to fall
- Shortage of doctors would cause their wages to rise, making healthcare less affordable/available for poor patients

III. Reasons why a shortage of doctors might not have negative effects
- Technological advancement could improve the quality of healthcare even with fewer doctors
- Increased expenditure on facilities/equipment could offset the impact of fewer doctors
- Access to healthcare is more important in determining living standards in the country
- If the population is increasing, there may be less need for doctors/number of doctors per head may not change

IV. 👉Conclusion
- Summary of the main points
- Final thoughts on the topic

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