100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
EC248 Final Exam questions and answers 2024 $8.89   Add to cart

Exam (elaborations)

EC248 Final Exam questions and answers 2024

 0 view  0 purchase
  • Course
  • EC248 Fin
  • Institution
  • EC248 Fin

EC248 Final Exam questions and answers 2024

Preview 4 out of 40  pages

  • October 29, 2024
  • 40
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • EC248 Fin
  • EC248 Fin
avatar-seller
georgebil
EC248 Final Exam questions and
answers 2024
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 population level. - (answers)b)
Aspects of society that have an important bearing on the health of individuals and the population.

Rather than aggregate health expenditures, we often look at real expenditures per capita. This
calculation requires us to deflate the aggregate expenditures by:



a) the purchasing power of the currency.

b) the size of the population.

c) the cost of health care.

d) Answers a. and b. are correct. - (answers)d) Answers a. and b. are correct.

Public sector financing covers about of health care expenditures in Canada.



a) 100%

b) 70%

c) 50%

d) 30% - (answers)b) 70%

The following is not a driver of increased health care expenditures:



a) Increases in the quantity of health care

,b) Increases in the quality of health care

c) Increases in the price of health care

d) Increases in the health care covered under public insurance - (answers)d) Increases in the health care
covered under public insurance

How does Canada compare to other OECD countries regarding the proportion of health care
expenditures covered by public financing.



a) the highest

b) relatively high

c) about the same

d) relatively low - (answers)d) relatively low

The principles of the Canada Health Act include all EXCEPT



a) Universality



b) Portability



c) Equity



d) Public Administration - (answers)c) Equity

In Canada, the supply of

physicians has



a) decreased substantially over time resulting in the current shortage.



b) risen steadily over time but has not kept up to population growth.

,c) mainly risen over time but practice behaviours have changed.



d) decreased sharply recently leading to the current shortage. - (answers)c) mainly risen over time but
practice behaviours have changed.

Which statement best describes governance of the Canadian Health Care System?



a) Provinces/Territories have jurisdiction adhering to the guidelines of the Canada Health Act



b) The Federal Government controls provincial/territorial actions with the Canada Health Act



c) Federal/Provincial/Territorial governments share jurisdiction over the Health Care System.



d) The Canada Health Act provides the governance structure for the Health Care System. - (answers)a)
Provinces/Territories have jurisdiction adhering to the guidelines of the Canada Health Act

The following is not a measure of health outcome:



a) Number of physicians per capita.



b) Population incidence of malaria.



c) Death rate for children under the age of 5.



d) Estimated men's lifespan. - (answers)a) Number of physicians per capita.

The creation of an organ transplant lists is an example of:

, a) distributional equity



b) vertical equity



c) horizontal equity



d) procedural equity - (answers)d) procedural equity

Which statement best describes cost-effectiveness efficiency?



a) Cost-effectiveness efficiency takes into account relative input prices.



b) Cost-effectiveness efficiency leads to technical efficiency.



c) A single cost-effective measure can always be identified.



d) Cost-effectiveness efficiency requires allocative efficiency. - (answers)a) Cost-effectiveness efficiency
takes into account relative input prices.

A representation of society's preferences and attitudes towards the amount and distribution of welfare
in a society is called



a) A utility function

b) A social welfare function

c) The Grand Utility Frontier

d) The Edgeworth Box - (answers)b) A social welfare function

Which statement about opportunity cost is NOT true:

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller georgebil. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $8.89. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77254 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$8.89
  • (0)
  Add to cart