Health Economics and Policy Study Set 1

Business

Quiz 3 :

Analyzing Medical Care Markets

Quiz 3 :

Analyzing Medical Care Markets

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Approximately what percentage of total health care spending goes toward hospital care?
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D

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Under which of the following circumstances is the principal-agent problem likely to be most serious.
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B

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The government agency that controls the development and availability of new medical discoveries, including pharmaceutical drugs is
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B

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Prospective payment in the hospital sector
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Nonexcludable and nonrival goods are known as
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Which of the following might cause a market to produce a quantity that is less than optimal?
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What measures would likely lower infant mortality rates in the United States?
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A patient has a medical condition, but he doesn't know what it is. The physician he sees diagnoses his illness correctly. What term applies to this situation?
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When a physician knows more about alternative treatments than her patients, we say that _______ exists.
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The optimal level of output may be defined as that level of output where
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In which of the following countries would an increase in per capita income likely result in the most improvement to health status of the population? 2006 per capita incomes in PPP dollars shown in parentheses.)
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Inoculation programs against certain diseases such as small pox, polio, and whooping cough create
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Which of the following would likely lead to the greatest improvement in health status of the population in the United States?
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Which of the following results from providers having more information about treatment alternatives than their patients?
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Approximately what percentage of total health care spending goes toward physicians' services?
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If a hospital is experiencing economies of scale,
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The market for medical care relies primarily on:
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