Complete Real Exam Questions And Correct Answers
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Many economists consider medical care a superior good. Which
of the following
statements is true regarding a superior good? - ANSWER-As
consumer income
increases, consumers spend more on
superior goods.
When measuring the effectiveness of a treatment, surrogate
measures reflect
clinical efficacy and include: - ANSWER-bone-mass
density (BMD).
Which of the following is least responsible for the reduction in
mortality rates in Europe and North America? - ANSWER-More
effective medical interventions
Researchers use cost-of-illness studies for all of the following
except to: - ANSWER-compare the relative efficiency of treating
various conditions.
, The standard cut-off for cost per quality-adjusted life year
(QALY) used by most
governmental decision makers is set in terms of a multiple of
national per capita
income. The value of the threshold is usually what percent of
national per capita
income? -
ANSWER-100
When area income increases by 20 percent, what occurs? -
ANSWER-quantity
demanded rises by 10.0
percent.
The direct costs in an economic evaluation include all of the
following except: -
ANSWER-reduced productivity
at work.
Factors affecting the level of medical care demand include all
of the following
except: - ANSWER-price of
medical care.
Which of the following measures of effectiveness is an
intermediate measure? -
ANSWER-Hip
fracture