Question

why is health considered a durable good?

A. Health is stock
B. Health depreciates overtime
C. the only reason "health" breaks (dies) is through external event (disease)
D. eventually, health breaks (we die)
E. A, B, C but not D
F. A, B, D but not C

Answer 1

A durable good is anything that does not wear out quickly and therefore we don't purchase it too often. It is something that people use for a long period of time and take a lot of use out of it.

Health is also knows as durable good because it does not depreciate or destruct too quickly. Good health is like a stock that proves to be beneficial in the long run. Health of people is only affected if they get sick but sometimes people die naturally or eventually without getting sick. So it's not always that health breaks because of some external factors that is a disease.  

So the correct answer of this question would be

(F) A, B, D but not C.