MHA 710 Exam #2 Questions With Correct
Answers
The direct costs in an economic evaluation include the all the following except: -
answerreduced productivity at work.
When measuring effectiveness of a treatment, surrogate measures reflect clinical efficacy and
include: - answerbone-mass density...
c. calculating the ICER between each treatment option and the next most expensive one.
d. eliminating treatment alternatives that are strictly dominated.
Researchers use cost-of-illness studies to: - answer✔do all of the above (study the burden of
disease, determine the low-cost option to treat a disease, compare two or more treatment options
when the medical outcome is identical, increase public awareness of cost of treating certain
diseases).
Many economists consider medical care a superior good. Which of the following statements is
true regarding a superior good? - answer✔both c and d are true of superior goods. (as consumer
income increases, a larger percentage of that income is spent on superior good, a superior good
has an income elasticity of demand greater than 1).
A critical assumption in the model of demand and supply is the independence of demand and
supply curves. If the two are not independent, a shift in the supply curve can lead to a shift in the
demand cure referred to as : - answer✔supplier-induced demand.
The top ten causes of death in the United States in 2010 included all of following except: -
answer✔AIDS
The accompanying diagram depicts the relationship between health status and medical care
spending for a particular country. Which of the following statements is true? - answer✔Social
pressures will move the health care system to spend S2.
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