Health Economics: Core Concepts and Essential Tools by Steph L. Bernell Test Bank. This verified and comprehensive test bank is the perfect resource for mastering the fundamentals of health economics. It includes practice questions, case studies, and solutions that cover core concepts such as econo...
Test bank for Health Economi
Essential Tools Steph L. B
,1. ch01-001
Economics provides a toolkit that allows us to always know how a change in one factor will influence
something else.
a. True
*b. False
2. ch01-002
Economic analysis examines the relationship between two (or more) subjects. Typically, these
relationships involve all of the following except what?
a. Consumers
*b. Technologists
c. Producers
d. Payers
3. ch01-003
Economic analysis helps policymakers evaluate whether a policy is working as planned, and it can
indicate whether policy revision is needed.
*a. True
b. False
4. ch01-004
, Health economics is rooted in which theoretical discipline?
a. Social theory
b. Macroeconomic theory
c. Labor theory
*d. Microeconomic theory
5. ch01-005
The greater the utility, the more ________ the individual has.
a. money
b. family members
*c. happiness
d. energy
6. ch01-006
At some point, more and more health-related goods or services do not make individuals feel more
satisfied. The theory of ______________ provides an explanation for this phenomenon.
a. diminishing marginal expenditure
b. diminishing marginal goods and services
c. diminishing marginal revenue
*d. diminishing marginal utility
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