EC248 Final Exam 100% Errorless 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 in most OECD countries. correct answers sector is one of
the largest sectors in most OECD countries.
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. correct
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. 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% correct 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 correct 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 correct answers d) relatively low
The principles of the Canada Health Act include all EXCEPT
a) Universality
b) Portability
c) Equity
d) Public Administration correct 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. correct 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. correct
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. correct 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 correct 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. correct 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 correct answers b) A social welfare function
Which statement about opportunity cost is NOT true:
a) Opportunity cost is the financial value of the forgone opportunity
b) Opportunity costs are important because resources are limited.
c) Opportunity cost is a fundamental economic concept.
d) Opportunity cost emphasizes the true social cost of a policy. correct answers a) Opportunity
cost is the financial value of the forgone opportunity
Which statement best describes technical efficiency?
a) Enables producers to identify the most up to date production technology.
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 in most OECD countries. correct answers sector is one of
the largest sectors in most OECD countries.
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. correct
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. 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% correct 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 correct 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 correct answers d) relatively low
The principles of the Canada Health Act include all EXCEPT
a) Universality
b) Portability
c) Equity
d) Public Administration correct 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. correct 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. correct
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. correct 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 correct 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. correct 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 correct answers b) A social welfare function
Which statement about opportunity cost is NOT true:
a) Opportunity cost is the financial value of the forgone opportunity
b) Opportunity costs are important because resources are limited.
c) Opportunity cost is a fundamental economic concept.
d) Opportunity cost emphasizes the true social cost of a policy. correct answers a) Opportunity
cost is the financial value of the forgone opportunity
Which statement best describes technical efficiency?
a) Enables producers to identify the most up to date production technology.
