EC248 BUNDLE of Exams |Questions Solved 100% Correct

What statement best describes a health system? A. Aspects of society that have an important bearing on the health care of individuals and the population. B. Aspects of society that have an important bearing on the health of individuals and the population. C. Aspects of society that have an impo...

Health care a) is the most important determinant of health in OECD countries. b) is the most expensive determinant of health in OECD countries. c) spending continues to grow rapidly in most OECD countries. d) sector is one of the largest sectors in most OECD countries. - sector is one of the lar...

The principles of the Canada Health Act include all EXCEPT Universality Portability Equity Public Administration - Equity The following is not a measure of health outcome: Number of physicians per capita. Population incidence of malaria. Death rate for children under the age of 5. Estimated...

Drug formularies: - help manufacturers determine which drugs are efficacious. -help salesmen determine what to sell -determine which drugs will be covered by third-party payers -Answers b. and c. are correct. -determine which drugs will be covered by third-party payers In North America it is t...

2 gov't options to improve social welfare in the presence of externalities - pigouvian tax/subsidy coasian bargaining two conditions of the coase theorem - 1. property rights are well defined 2. transaction/bargaining costs are low 3 reasons why physicians are not perfect agents of care - 1. o...

Chapter 7 - risk because there is a fear of the unknown - forfeiting income in good times to get money in bad times - Demand for Insurance U'(1)>0, utility increases with income U''(1)<0, marginal utility for income is declining - Risk Aversion - probability of sickness= P (between 0 a...