Multiple Response 6. Individual health status can be measured by a physical exam

Question

Multiple Response 6.

Individual health status can be measured by a physical examination of the person along any of several dimensions, such as which of the following?

[1] Physical disability

[2] Biological testing

[3] Emotional status

[4] Risk of morbidity

[5] Risk of mortality

[6] Pain assessment.

Fill-in-the-Blank 7. On both the population and individual perspectives, the health status of the U.S. population is mediocre with increasing incidence and prevalence of chronic disease across the life span and a relatively high mortality rate among ______________. True/False

8. Many of the determinants of individual health status are shaped by the community and environment in which the person lives. Multiple Choice 9. Which of the following is defined as the health outcomes of a group of individuals, including the distribution of such outcomes within the group?

[1] Public health

[2] Global health

[3] Population health

[4] Individual health.

Multiple Choice 10. Which organization has defined health as “a complete state of physical, mental, and social well-being and not merely the absence of an illness or a disease”?

[1] Centers for Disease Control and Prevention

[2] Food and Drug Administration

[3] World Health Organization

[4] National Institutes of Health.

Chapter 2 Multiple Response 1

. According to Grossman’s economic framework for the study of healthcare demand, which of the following are factors used to produce health?

[1] Income

[2] Wealth

[3] Education

[4] Genetics

[5] Lifestyle choices

Multiple Choice 2.

The demand and supply functions for health intersect with one another to establish which of the following?

[1] Market economy

[2] Market equilibrium

[3] Market stability

[4] Market predictability

Multiple Choice 3.

In what type of evaluation are trends in healthcare expenditures and production analyzed and compared frequently to other healthcare systems around the world?

[1] Macroeconomic

[2] Microeconomic

[3] Pseudoeconomic

[4] Hypereconomic

Multiple Choice 4. According to Grossman, on what level is health care one way of modifying the incidence and effect of ill health and disease as it interacts with other determinants of health production?

[1] Macro level

[2] Micro level

[3] Pseudo level

[4] Hyper level

Multiple Response 5. Health economics is a field of economics that analyzes the behavior of which of the following in the healthcare economy?

[1] Consumers

[2] Producers

[3] Financers

[4] Government

Matching 6. Match the following terms to the appropriate definition.

[1] Recognizes that choices are made incrementally.

[2] The additional benefit received from consuming the next unit of the good or service.

[3] Additional cost of consuming the next unit of a good or service.

[4] Accomplishes its pricing and exchange of goods and services through a fee-price system.

Chapter 3 Multiple Response

1. Which of the following are characteristics of perfect competition?

[1] Many sellers possessing tiny market shares

[2] A homogenous product

[3] A heterogenous produc

t [4] Many barriers to entry

[5] No barriers to entry

[6] Perfect consumer information

Matching 2. Match the following terms to the appropriate definition.

[1] When a consumer strives for greatest satisfaction or value from the bundle purchased using the least amount of budgeted money.

[2] A process that firms use to determine the most output given price levels that will yield the most return after production costs and the total cost outlay are taken into account.

[3] The additional benefit gained from the consumption of the next unit for the individual.

[4] The additional expense of producing the next unit for the firm.

Matching 3. Match the following terms to the appropriate definition.

[1] Price level where there are no surpluses or shortages of the good or services in the market.

[2] Difference between what an individual is willing to pay and what is actually paid for some level of output.

[3] Measures the difference between the actual price received by the seller and the required price as measured by the marginal private cost for each additional unit produced.

[4] Examines how changes in market conditions influence the positions of demand and supply curves and cause the equilibrium price and quantity to change.

Multiple Response 4. Which of the following are important clearing functions served by price?

[1] Provides useful information to both consumers and producers regarding the relative value of a good or service in the market

[2] Serves as a rationing device, distributing goods and services to consumers who value them the most

[3] Acts as an incentive mechanism, encouraging more resources to markets with shortages through price increases and fewer resources to markets with surpluses through price decreases

[4] Allows both consumers and producers to achieve satisfaction from the consumption and production of marketable goods Chapter

4 Multiple Choice 1. Which of the following is defined as a state of allocation of resources in which it is impossible to make any one individual better off without making at least one individual worse off?

[1] Utility maximization

[2] Profit maximization

[3] Economic equilibrium

[4] Pareto efficiency

Multiple Choice 2. Which of the following is used to cover all circumstances in which Pareto efficiency is not achieved by the market?

[1] Market equilibrium

[2] Market failure

[3] Market surplus

[4] Market barriers

True/False 3. Healthcare markets will not lead to Pareto efficiency in the absence of externalities. Matching 4. Match the externality to the appropriate description.

[1] This might arise if a firm producing pharmaceuticals dumps its waste in a river or pollutes the air.

[2] If a promising compound is discovered, this will lead to the publication of scientific papers on the compound; therefore, the research undertaken on the compound will lead to the identification of other useful avenues for research.

[3] In addition to their effects on individual health, cigarette smoking and alcohol consumption may also have negative effects on the rest of society in terms of passive smoking and antisocial behavior, which are not compensated for in the private market.

[4] Vaccines have a direct health benefit on others by reducing their chances of ill health, and they are not being compensated in the private market; therefore, these activities should be subsidized.

Multiple Response 5. Which of the following are characteristics of public goods?

[1] Nonrivalry

[2] Nonexclusivity

[3] Nonexcludability

[4] Noncompetitive

Explanation / Answer

Biological testing

Sorry don't know

True

Public Health

[3] World Health Organization

Sorry Don't know the answer

[2] Market equilibrium

[1] Macroeconomic

1] Macro level

Consumers

Matching option not showing

[1] Many sellers possessing tiny market shares , 2] A homogenous product, 5] No barriers to entry and [6] Perfect consumer information

Matching option not showing

Matching option n't showing

Acts as an incentive mechanism, encouraging more resources to markets with shortages through price increases and fewer resources to markets with surpluses through price decreases

pareto efficieny

Market failure

False

1.Nonrivalry and Non-excludibility

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