The systematic calculation of the bottom line and profit of a proposed regulatory action is called:
A) cost-effectiveness analysis.
B) cost-utility analysis.
C) cost-benefit analysis.
D) QALY.

Question

Quizplus · Accepted Answer

Cost-benefit analysis is the systematic calculation of the bottom line and profit of a proposed regulatory action. Cost-effectiveness analysis and cost-utility analysis are other types of economic evaluations used to assess the impact of healthcare interventions. QALY (quality-adjusted life year) is a measure used in health economics to compare the effectiveness of different medical interventions.

The Systematic Calculation of the Bottom Line and Profit of a Proposed