LSUS MHA 710 EXAM 2 COMPLETE
PREPARATION GUIDE WITH HEALTH
ECONOMICS AND POLICY ANALYSIS
◉ The concept of quality-adjusted life year (QALY):.
Answer: is used extensively to evaluate medical care resource
allocation within government-run programs on fixed budgets,
especially in Europe.
◉ The direct costs in an economic evaluation include all of the
following except:
a.
reduced productivity at work.
b.
medical devices.
c.
the cost of home remodeling to accommodate a physical handicap.
d.
hospitalization.
e.
transportation to and from the physician's office..
Answer: a. reduced productivity at work.
,◉ When area income increases by 20 percent, what occurs?.
Answer: quantity demanded rises by 10.0 percent.
◉ There are substantial differences in medical care use by
demographic characteristics such as age, sex, and marital status.
Which of the following statements is true?
a.
People aged80 or more spend about the same amount on medical
care as 60 year olds do.
b.
Infant girls are healthier than infant boys are and consume fewer
medical resources.
c.
Single individuals regardless of age are hospitalized less than
married people are.
d.
Average hospital stays are longer for women than men.
e.
Adult women spend more money on medical care than men do..
Answer: e. Adult women spend more money on medical care than
men do.
, ◉ The accompanying diagram depicts the relationship between
health status and medical care spending for a particular country.
Assume the current spending level is S1 on TP1. All of the
statements below are true?.
Answer: S1 levels of spending are often described as spending on
the flat of the curve.
◉ 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.
A superior good has an income elasticity of demand greater than 1.
Both c and d are true of superior goods.
◉ Suppose you must rely exclusively on cost-effectiveness analysis
(CEA) to determine whether a category of people receives an
expensive, potentially life-saving, intervention. Which of the
following considerations must you keep in mind when making your
decision?
a.
CEA studies are considered the gold standard as far as evaluation
studies are concerned.
b.
PREPARATION GUIDE WITH HEALTH
ECONOMICS AND POLICY ANALYSIS
◉ The concept of quality-adjusted life year (QALY):.
Answer: is used extensively to evaluate medical care resource
allocation within government-run programs on fixed budgets,
especially in Europe.
◉ The direct costs in an economic evaluation include all of the
following except:
a.
reduced productivity at work.
b.
medical devices.
c.
the cost of home remodeling to accommodate a physical handicap.
d.
hospitalization.
e.
transportation to and from the physician's office..
Answer: a. reduced productivity at work.
,◉ When area income increases by 20 percent, what occurs?.
Answer: quantity demanded rises by 10.0 percent.
◉ There are substantial differences in medical care use by
demographic characteristics such as age, sex, and marital status.
Which of the following statements is true?
a.
People aged80 or more spend about the same amount on medical
care as 60 year olds do.
b.
Infant girls are healthier than infant boys are and consume fewer
medical resources.
c.
Single individuals regardless of age are hospitalized less than
married people are.
d.
Average hospital stays are longer for women than men.
e.
Adult women spend more money on medical care than men do..
Answer: e. Adult women spend more money on medical care than
men do.
, ◉ The accompanying diagram depicts the relationship between
health status and medical care spending for a particular country.
Assume the current spending level is S1 on TP1. All of the
statements below are true?.
Answer: S1 levels of spending are often described as spending on
the flat of the curve.
◉ 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.
A superior good has an income elasticity of demand greater than 1.
Both c and d are true of superior goods.
◉ Suppose you must rely exclusively on cost-effectiveness analysis
(CEA) to determine whether a category of people receives an
expensive, potentially life-saving, intervention. Which of the
following considerations must you keep in mind when making your
decision?
a.
CEA studies are considered the gold standard as far as evaluation
studies are concerned.
b.
