,1. Multiple Choice: Which of the following is a key principle
of health economics?
a) Resource allocation
b) Demand management
c) Cost-effectiveness
d) All of the above
Correct Answer: d) All of the above
Rationale: Health economics is concerned with how
resources are allocated, managing demand for healthcare
services, and ensuring that the services provided are cost-
effective.
2. Fill-in-the-Blank: The __________ model is a framework
for understanding the complex forces that affect health and
the outcomes of healthcare.
Correct Answer: Biopsychosocial
Rationale: The biopsychosocial model takes into account
biological, psychological, and social factors that influence
health.
3. True/False: The Gross Domestic Product (GDP) is the
only indicator necessary to assess a country's health
system performance.
Correct Answer: False
Rationale: While GDP can provide some insights, it is not
sufficient alone. Other indicators like quality of care, access
to services, and health outcomes are also necessary for a
comprehensive assessment.
, b) To respond to people's expectations
c) To provide protection against the financial costs of ill
health
d) To increase the nation's military spending
Correct Answers: a) To improve the population's health,
b) To respond to people's expectations, c) To provide
protection against the financial costs of ill health
Rationale: Healthcare policy aims to improve health, meet
the population's expectations, and provide financial
protection. Military spending is not an objective of
healthcare policy.
5. True/False: In health economics, the term 'moral hazard'
refers to the phenomenon where increased health
insurance coverage can lead to an increase in the
consumption of healthcare services.
Correct Answer: True
Rationale: Moral hazard occurs when people consume
more services because they are insulated from the costs
due to insurance coverage.
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