EC248 Final Exam Compilations/ verified.

EC248 Midterm MC, Exam Review Questions and answers, rated A+ *Question 1:*The principles of the Canada Health Act include all EXCEPT - Universality - Portability - Equity - Public Administration Equity *Question 2:*How does Canada compare to other OECD countries regarding the proportion of...

EC248 Final Exam Review Questions and answers 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 i...

EC248 Final Exam Review Questions and answers/ VERIFIED. The __________ health care depends on preferences, budget constraint, price, supply factors. demand for need for availability of utilization of utilization of Supplier-induced demand always decreases efficiency because the care is li...

EC248 Final Exam Questions and answers, rated A+ The principles of the Canada Health Act include all EXCEPT Universality Portability Equity Public Administration - -Equity The following is not a measure of health outcome: Number of physicians per capita. Population incidence of malaria. ...

EC248 final Exam Questions and answers, rated A+ 2 gov't options to improve social welfare in the presence of externalities - -pigouvian tax/subsidy coasian bargaining two conditions of the coase theorem - -1. property rights are well defined 2. transaction/bargaining costs are low 3 reasons...

EC248 Final Exam Questions and answers, rated A+ 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 cov...

EC248 Fall 2022 Final Exam Questions and answers, rated A+ 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 individual...

EC248 Exam Review questions & Answers/ Rated A+ An instructor was explaining the standard model for the demand and supply of health care to her class. She was explaining how public health insurance did not result in the socially optimal outcome. One of her students asked if there were any con...

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-Effectivenes...

EC 248 Midterm Prep Exam Questions and answers. Rated A+ Define "Healthcare system" - -A set of goods, services and activities intended to improve or maintain health. Name the two types of individual-level determinants of health. - -1. Individual characteristics (genetics, predispositions)...