Ec248 exam - Study guides, Class notes & Summaries
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EC248 FINALE 2 UPDATED Exam Questions and CORRECT Answers
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EC248 FINALE 2 UPDATED Exam 
Questions and CORRECT Answers 
Utilization of health care is often the starting point for studies into the need and/or demand for 
health care because 
A.the concepts are interchangeable and utilization is easiest to measure. 
B.demand and utilization are equal and need is unobservable. 
C.demand and utilization are similar and utilization is easy to measure. 
D.utilization is observable and offers information on demand and need. - Correct ANSWERD.utilization is o...
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EC248 Final Exam |Questions Solved 100% Correct
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EC248 Final Exam |Questions Solved 100% Correct
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| LATEST EXAM UPDATES| 2024/25 |EC 248 Quiz 4 / EC248 Quiz 3/ Exam review Questions and answers/ VERIFIED/
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EC 248 Quiz 4 / EC248 Quiz 3/ Exam 
review Questions and answers/ 
VERIFIED/ 
An economic evaluation may be done from any of the following viewpoints EXCEPT 
society 
patient 
evaluator 
health system - -evaluator 
The human-capital approach may be used in 
Cost-Benefit Analysis 
Cost-Effectiveness Analysis 
Cost-Utility Analysis 
All types of evaluation - -Cost-Benefit Analysis 
_________ is NOT a possible outcome of an economic evaluation 
Incremental Cost-Effectiveness Ratio 
Incremental Co...
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EC248 MIDTERM UPDATED Exam Questions and CORRECT Answers
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EC248 MIDTERM UPDATED Exam 
Questions and CORRECT Answers 
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 important bearing on the health care at the population level. 
D. Aspects of society that have an important bearing on health at the populatio...
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EC248 Final Exam Questions and Answers
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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. 
o :# sector is one of the largest sectors in most OECD countries. 
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. 
...
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EC248 Final Exam |Questions Solved 100% Correct
- Exam (elaborations) • 42 pages • 2024
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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 largest 
sectors in most OECD countries.
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EC248 Final Exam Compilations/ verified.
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EC248 Final Exam Questions and answers, rated A+
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EC248 Final Exam Practice Questions Solved 100% Correct
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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 typical for physicians to work in hospitals but not be employed by 
them. This is a form of: 
-vertical integration 
- horizontal integration 
-incomplete horizontal integration 
-incomplete vertical i...
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EC248 Exam Questions and Answers
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EC248 Exam Questions and Answers
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Ec248 Bundled Exam Questions Package with Correct Answers
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Ec248 Bundled Exam Questions Package with Correct Answers
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