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MHA 710 HEALTH CARE ECONOMICS 2024 EXAM 2 COMPLETE 400 QUESTIONS WITH ACCURATELY DETAILED VERIFIED AND CORRECT ANSWERS ALREADY GRADED A+$20.99
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MHA 710 HEALTH CARE ECONOMICS
2024 EXAM 2 COMPLETE 400
QUESTIONS WITH ACCURATELY
DETAILED VERIFIED AND CORRECT
ANSWERS ALREADY GRADED A+
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 curve
referred to as
A. supply-side economics.
B. supplier-induced demand.
C. supply shocks.
D. ceteris paribus.
E. the fallacy of supply. - ....ANSWER...B. supplier-
induced demand
The top ten causes of death in the United States in 2010
included all of the following except
A. heart disease.
1
,B. cancer.
C. suicide.
D. kidney failure.
E. AIDS. - ....ANSWER...E. 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?
A. At the current spending level of S1 on TP1, this
society can get a greater improvement in health status
by increasing spending to S2 than by shifting TP to
TP2.
B. S1 levels of spending may be described as
spending on the flat-of-the-curve.
C. Social pressures will move the health care
system to spend S2.
D. All statements are true.
E. All statements are false. - ....ANSWER...C. Social
pressures will move the health care system to spend
S2.
2
,Health care that actually harms the patient, such as an
adverse reaction to a prescription drug, is called
A. morbidity-related response.
B. defensive medicine.
C. adverse selection.
D. iatrogenic disease.
E. moral hazard. - ....ANSWER...D. iatrogenic disease.
The number one cause of death in the United States in
1980 was
A. AIDS.
B. heart disease.
C. cancer.
D. stroke.
E. homicide and accidents. - ....ANSWER...B. heart
disease
Health insurance features that tend to reduce moral
hazard include
A. deductibles.
B. coinsurance
C. copayments
3
, D. all of the above. - ....ANSWER...D. all of the above
The concept quality-adjusted life year (QALY)
A. is a multidisciplinary approach to measuring
health status.
B. has little application to medical decision making.
C. is used extensively in the United States to
evaluate health care programs.
D. is used extensively to evaluate medical care
resource allocation within government-run programs
on fixed budgets, especially in Europe.
E. none of the above. - ....ANSWER...D. is used
extensively to evaluate medical care resource allocation
within government-run programs on fixed budgets,
especially in Europe.
Many economists consider medical care a superior good.
Which of the following statements is true regarding a
superior good?
A. When the price of a superior good increases,
consumers demand more of it.
B. Consumers want more of a superior good
4
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