Economics class: NHS waiting lists will grow for 2 more years, health service admits
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Demand and supply, merit goods, price mechanism
Click to read the article below and then answer the questions:
Explain why healthcare is a merit good
Use a demand and supply diagram to illustrate how substantial NHS waiting lists arise when most of its services are free at the point of use
Identify the factors that will cause waiting lists to grow for another two years in England
‘NHS waiting lists will continue to grow … despite a tax rise designed to plough an additional £30bn into the service.’ Evaluate whether queues for treatment will be significantly reduced using monies from the health and social care levy
Gavin Clarke, Emmanuel College