, TESTBANK FOR Essentials of Health Economics Third Edition Dewar
Important Notes
The file includes the complete test bank, organized chapter by chapter.
A sample of selected pages has been provided for preview.
All available appendices and Excel files (if included in the original resources) are
provided.
Quizzes, Midterm and final exams are included (if available in the original resources).
We continuously update our files to ensure you receive the latest and most accurate
editions.
New editions are added regularly – stay connected for updates!
⚠️Note on Answer Keys: If the answer key is not included within the chapter
questions, you will find the complete answers and solutions at the end of each
chapter.
✅ Why Buy From Us?
📚 Complete & organized chapter-by-chapter – no missing content, no guessing.
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,Import Settings:
Base Settings: Brownstone Default
Information Field: Complexity
Information Field: Ahead
Information Field: Subject
Information Field: Title
Information Field: Feedback
Information Field: Taxonomy
Information Field: Objective
Highest Answer Letter: F
Multiple Keywords in Same Paragraph: No
NAS ISBN13: 9781284019605, add to Ahead, Title tags
Chapter: Chapter 01 - Quiz
Multiple Choice
1. In 2020, healthcare expenditures made up what percentage of GDP?
A) 25%
B) 17.1%
C) 19.7%
D) 10.9 %
E) 15%
Ans: C
Complexity: Difficult
A-head: Health Care
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
2. Which of the following is defined as the health outcomes of a group of individuals, including the
distribution of such outcomes within the group?
A) Public health
B) Global health
C) Population health
D) Individual health
Ans: C
Complexity: Moderate
A-head: Health Status
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
3. 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”?
A) Centers for Disease Control and Prevention
B) Food and Drug Administration
C) World Health Organization
Copyright © 2026 by Jones & Bartlett Learning, LLC, an Ascend Learning Company
,D) National Institutes of Health
Ans: C
Complexity: Moderate
A-head: Health Status
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
True/False
1. Most surveyed consumers state that they are satisfied with the U.S. healthcare system.
Ans: False
Complexity: Moderate
A-head: System Issues
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
2. Virtually everyone in the United States has access to health care.
Ans: False
Complexity: Easy
A-head: System Issues
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
Short Answer
1. Experts predict that between 2022 and 2029, there will be ___% more job openings in the healthcare
industry.
Ans: 15
Alternate ans: fifteen
Complexity: Easy
A-head: Health Care
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
2. In 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 in the ______________.
Ans: population
Complexity: Moderate
A-head: Health Status
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
Copyright © 2026 by Jones & Bartlett Learning, LLC, an Ascend Learning Company
,Multiple Response
1. The U.S. health system is a complicated relationship among providers, consumers, and financers of
care that revolves around what three concerns?
A) Cost
B) Quality
C) Access
D) Competence
E) Prestige
Ans: A, B, C
Complexity: Moderate
A-head: System Issues
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
2. Physician satisfaction is associated with:
A) patient satisfaction.
B) time off from work.
C) patient adherence to treatment recommendations.
D) prestige.
E) quality of the health plans that they work with.
Ans: A, C, E
Complexity: Difficult
A-head: System Issues
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
3. Individual health status may be measured through individual perceptions on a variety of dimensions,
including which of the following?
A) Physical disability
B) Presence of illness
C) Risk factors for mortality
D) Risk factors for morbidity
E) Emotional status
F) Overall perception of wellness
Ans: A, E, F
Complexity: Difficult
A-head: Health Status
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
4. Individual health status can be measured by a physical examination of the person along any of several
dimensions, including as which of the following?
A) Physical disability
B) Biological testing
C) Emotional status
D) Risk of morbidity
Copyright © 2026 by Jones & Bartlett Learning, LLC, an Ascend Learning Company
,E) Risk of mortality
F) Pain assessment
Ans: B, D, E
Complexity: Difficult
A-head: Health Status
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
Copyright © 2026 by Jones & Bartlett Learning, LLC, an Ascend Learning Company
,Import Settings:
Base Settings: Brownstone Default
Information Field: Complexity
Information Field: Ahead
Information Field: Subject
Information Field: Title
Information Field: Feedback
Information Field: Taxonomy
Information Field: Objective
Highest Answer Letter: E
Multiple Keywords in Same Paragraph: No
NAS ISBN13: 9781284019605, add to Ahead, Title tags
Chapter: Chapter 02 - Quiz
Multiple Choice
1. The demand and supply functions for health intersect with one another to establish which of the
following?
A) Market economy
B) Market equilibrium
C) Market stability
D) Market predictability
Ans: B
Complexity: Moderate
A-head: Health Economics as a Field of Economics
Subject: Chapter 2
Title: The Role of Economics
2. In what type of evaluation are trends in healthcare expenditures and production analyzed and
compared frequently to other healthcare systems around the world?
A) Macroeconomic
B) Microeconomic
C) Pseudoeconomic
D) Hypereconomic
Ans: A
Complexity: Moderate
A-head: Health Economics as a Field of Economics
Subject: Chapter 2
Title: The Role of Economics
3. 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?
A) Macro level
B) Micro level
C) Pseudo level
Copyright © 2026 by Jones & Bartlett Learning, LLC, an Ascend Learning Company
,D) Hyper level
Ans: B
Complexity: Moderate
A-head: The Importance of Health Economics
Subject: Chapter 2
Title: The Role of Economics
4. Which of the following maximizes utility or satisfaction from consuming various amounts of goods and
services given limited income and the prices of goods and services considered in a given period?
A) Consumers
B) Producers
C) Financers
D) Government
Ans: A
Complexity: Moderate
A-head: The Economic Framework
Subject: Chapter 2
Title: The Role of Economics
True/False
1. Within the traditional framework of economic optimization, optimal consumption of goods and services
is where the marginal benefit from consumption is greater than the marginal cost of consumption.
Ans: False
Complexity: Easy
A-head: The Economic Framework
Subject: Chapter 2
Title: The Role of Economics
2. Individuals will continue to purchase goods and services as long as marginal benefit is equal to
marginal cost.
Ans: False
Complexity: Easy
A-head: The Economic Framework
Subject: Chapter 2
Title: The Role of Economics
3. Often, particularly in the healthcare market, decision makers formulate choices based on incomplete
information that can yield nonoptimal results compared to when information is freely available.
Ans: True
Complexity: Easy
A-head: The Economic Framework
Subject: Chapter 2
Title: The Role of Economics
Copyright © 2026 by Jones & Bartlett Learning, LLC, an Ascend Learning Company
,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?
A) Income
B) Wealth
C) Education
D) Genetics
E) Lifestyle choices
Ans: A, B, C, D, E
Complexity: Difficult
A-head: Health Economics as a Field of Economics
Subject: Chapter 2
Title: The Role of Economics
2. Health economics is a field of economics that analyzes the behavior of which of the following in the
healthcare economy?
A) Consumers
B) Producers
C) Financers
D) Government
Ans: A, B, C, D
Complexity: Moderate
A-head: The Importance of Health Economics
Subject: Chapter 2
Title: The Role of Economics
Matching
1. Match the following terms to the appropriate definition.
1. Recognizes that choices are made incrementally.
Ans: Marginal analysis
2. The additional benefit received from consuming the next unit of the good or service.
Ans: Marginal benefit
3. Additional cost of consuming the next unit of a good or service.
Ans: Marginal cost
4. Accomplishes its pricing and exchange of goods and services through a fee-price system.
Ans: Market
Complexity: Difficult
A-head: Key Economic Concepts
Subject: Chapter 2
Title: The Role of Economics
Copyright © 2026 by Jones & Bartlett Learning, LLC, an Ascend Learning Company
, Import Settings:
Base Settings: Brownstone Default
Information Field: Complexity
Information Field: Ahead
Information Field: Subject
Information Field: Title
Information Field: Feedback
Information Field: Taxonomy
Information Field: Objective
Highest Answer Letter: F
Multiple Keywords in Same Paragraph: No
NAS ISBN13: 9781284019605, add to Ahead, Title tags
Chapter: Chapter 03 - Quiz
Multiple Choice
1. Which of the following creates an incentive for new firms to enter an industry to obtain a share of the
profits, thus driving the price down and inducing more goods and services to be produced?
A) Excess costs
B) Excess profits
C) Excess supply
D) Excess demand
Ans: B
Complexity: Moderate
A-head: Barriers to Entry
Subject: Chapter 3
Title: The Competitive Market
True/False
1. Free entry and exit of firms can only occur in perfectly competitive markets because barriers to entry
and exit are nonexistent.
Ans: True
Complexity: Easy
A-head: Barriers to Entry
Subject: Chapter 3
Title: The Competitive Market
2. When applied to healthcare industries, many of the assumptions of microeconomic analysis and
characteristics often do not fit.
Ans: True
Complexity: Easy
A-head: Perfect Competition
Copyright © 2026 by Jones & Bartlett Learning, LLC, an Ascend Learning Company
Important Notes
The file includes the complete test bank, organized chapter by chapter.
A sample of selected pages has been provided for preview.
All available appendices and Excel files (if included in the original resources) are
provided.
Quizzes, Midterm and final exams are included (if available in the original resources).
We continuously update our files to ensure you receive the latest and most accurate
editions.
New editions are added regularly – stay connected for updates!
⚠️Note on Answer Keys: If the answer key is not included within the chapter
questions, you will find the complete answers and solutions at the end of each
chapter.
✅ Why Buy From Us?
📚 Complete & organized chapter-by-chapter – no missing content, no guessing.
⚡ Instant digital delivery – get your file the moment you pay, no waiting.
📅 Always up to date – we track new editions so you always get the latest version.
💬 Friendly support – real humans ready to help, anytime you need us.
🔒 Safe & secure – thousands of satisfied students trust us every semester.
🛡️Our Guarantees
💰 Money-Back Guarantee: Not satisfied? We offer a full refund – no questions asked.
🔄 Wrong File? No Problem: Contact us and we will replace it immediately with the
correct version, free of charge.
⏰ 24/7 Support: We are always here – reach out anytime and expect a fast response.
,Import Settings:
Base Settings: Brownstone Default
Information Field: Complexity
Information Field: Ahead
Information Field: Subject
Information Field: Title
Information Field: Feedback
Information Field: Taxonomy
Information Field: Objective
Highest Answer Letter: F
Multiple Keywords in Same Paragraph: No
NAS ISBN13: 9781284019605, add to Ahead, Title tags
Chapter: Chapter 01 - Quiz
Multiple Choice
1. In 2020, healthcare expenditures made up what percentage of GDP?
A) 25%
B) 17.1%
C) 19.7%
D) 10.9 %
E) 15%
Ans: C
Complexity: Difficult
A-head: Health Care
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
2. Which of the following is defined as the health outcomes of a group of individuals, including the
distribution of such outcomes within the group?
A) Public health
B) Global health
C) Population health
D) Individual health
Ans: C
Complexity: Moderate
A-head: Health Status
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
3. 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”?
A) Centers for Disease Control and Prevention
B) Food and Drug Administration
C) World Health Organization
Copyright © 2026 by Jones & Bartlett Learning, LLC, an Ascend Learning Company
,D) National Institutes of Health
Ans: C
Complexity: Moderate
A-head: Health Status
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
True/False
1. Most surveyed consumers state that they are satisfied with the U.S. healthcare system.
Ans: False
Complexity: Moderate
A-head: System Issues
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
2. Virtually everyone in the United States has access to health care.
Ans: False
Complexity: Easy
A-head: System Issues
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
Short Answer
1. Experts predict that between 2022 and 2029, there will be ___% more job openings in the healthcare
industry.
Ans: 15
Alternate ans: fifteen
Complexity: Easy
A-head: Health Care
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
2. In 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 in the ______________.
Ans: population
Complexity: Moderate
A-head: Health Status
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
Copyright © 2026 by Jones & Bartlett Learning, LLC, an Ascend Learning Company
,Multiple Response
1. The U.S. health system is a complicated relationship among providers, consumers, and financers of
care that revolves around what three concerns?
A) Cost
B) Quality
C) Access
D) Competence
E) Prestige
Ans: A, B, C
Complexity: Moderate
A-head: System Issues
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
2. Physician satisfaction is associated with:
A) patient satisfaction.
B) time off from work.
C) patient adherence to treatment recommendations.
D) prestige.
E) quality of the health plans that they work with.
Ans: A, C, E
Complexity: Difficult
A-head: System Issues
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
3. Individual health status may be measured through individual perceptions on a variety of dimensions,
including which of the following?
A) Physical disability
B) Presence of illness
C) Risk factors for mortality
D) Risk factors for morbidity
E) Emotional status
F) Overall perception of wellness
Ans: A, E, F
Complexity: Difficult
A-head: Health Status
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
4. Individual health status can be measured by a physical examination of the person along any of several
dimensions, including as which of the following?
A) Physical disability
B) Biological testing
C) Emotional status
D) Risk of morbidity
Copyright © 2026 by Jones & Bartlett Learning, LLC, an Ascend Learning Company
,E) Risk of mortality
F) Pain assessment
Ans: B, D, E
Complexity: Difficult
A-head: Health Status
Subject: Chapter 1
Title: Overview of the U.S. Healthcare System
Copyright © 2026 by Jones & Bartlett Learning, LLC, an Ascend Learning Company
,Import Settings:
Base Settings: Brownstone Default
Information Field: Complexity
Information Field: Ahead
Information Field: Subject
Information Field: Title
Information Field: Feedback
Information Field: Taxonomy
Information Field: Objective
Highest Answer Letter: E
Multiple Keywords in Same Paragraph: No
NAS ISBN13: 9781284019605, add to Ahead, Title tags
Chapter: Chapter 02 - Quiz
Multiple Choice
1. The demand and supply functions for health intersect with one another to establish which of the
following?
A) Market economy
B) Market equilibrium
C) Market stability
D) Market predictability
Ans: B
Complexity: Moderate
A-head: Health Economics as a Field of Economics
Subject: Chapter 2
Title: The Role of Economics
2. In what type of evaluation are trends in healthcare expenditures and production analyzed and
compared frequently to other healthcare systems around the world?
A) Macroeconomic
B) Microeconomic
C) Pseudoeconomic
D) Hypereconomic
Ans: A
Complexity: Moderate
A-head: Health Economics as a Field of Economics
Subject: Chapter 2
Title: The Role of Economics
3. 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?
A) Macro level
B) Micro level
C) Pseudo level
Copyright © 2026 by Jones & Bartlett Learning, LLC, an Ascend Learning Company
,D) Hyper level
Ans: B
Complexity: Moderate
A-head: The Importance of Health Economics
Subject: Chapter 2
Title: The Role of Economics
4. Which of the following maximizes utility or satisfaction from consuming various amounts of goods and
services given limited income and the prices of goods and services considered in a given period?
A) Consumers
B) Producers
C) Financers
D) Government
Ans: A
Complexity: Moderate
A-head: The Economic Framework
Subject: Chapter 2
Title: The Role of Economics
True/False
1. Within the traditional framework of economic optimization, optimal consumption of goods and services
is where the marginal benefit from consumption is greater than the marginal cost of consumption.
Ans: False
Complexity: Easy
A-head: The Economic Framework
Subject: Chapter 2
Title: The Role of Economics
2. Individuals will continue to purchase goods and services as long as marginal benefit is equal to
marginal cost.
Ans: False
Complexity: Easy
A-head: The Economic Framework
Subject: Chapter 2
Title: The Role of Economics
3. Often, particularly in the healthcare market, decision makers formulate choices based on incomplete
information that can yield nonoptimal results compared to when information is freely available.
Ans: True
Complexity: Easy
A-head: The Economic Framework
Subject: Chapter 2
Title: The Role of Economics
Copyright © 2026 by Jones & Bartlett Learning, LLC, an Ascend Learning Company
,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?
A) Income
B) Wealth
C) Education
D) Genetics
E) Lifestyle choices
Ans: A, B, C, D, E
Complexity: Difficult
A-head: Health Economics as a Field of Economics
Subject: Chapter 2
Title: The Role of Economics
2. Health economics is a field of economics that analyzes the behavior of which of the following in the
healthcare economy?
A) Consumers
B) Producers
C) Financers
D) Government
Ans: A, B, C, D
Complexity: Moderate
A-head: The Importance of Health Economics
Subject: Chapter 2
Title: The Role of Economics
Matching
1. Match the following terms to the appropriate definition.
1. Recognizes that choices are made incrementally.
Ans: Marginal analysis
2. The additional benefit received from consuming the next unit of the good or service.
Ans: Marginal benefit
3. Additional cost of consuming the next unit of a good or service.
Ans: Marginal cost
4. Accomplishes its pricing and exchange of goods and services through a fee-price system.
Ans: Market
Complexity: Difficult
A-head: Key Economic Concepts
Subject: Chapter 2
Title: The Role of Economics
Copyright © 2026 by Jones & Bartlett Learning, LLC, an Ascend Learning Company
, Import Settings:
Base Settings: Brownstone Default
Information Field: Complexity
Information Field: Ahead
Information Field: Subject
Information Field: Title
Information Field: Feedback
Information Field: Taxonomy
Information Field: Objective
Highest Answer Letter: F
Multiple Keywords in Same Paragraph: No
NAS ISBN13: 9781284019605, add to Ahead, Title tags
Chapter: Chapter 03 - Quiz
Multiple Choice
1. Which of the following creates an incentive for new firms to enter an industry to obtain a share of the
profits, thus driving the price down and inducing more goods and services to be produced?
A) Excess costs
B) Excess profits
C) Excess supply
D) Excess demand
Ans: B
Complexity: Moderate
A-head: Barriers to Entry
Subject: Chapter 3
Title: The Competitive Market
True/False
1. Free entry and exit of firms can only occur in perfectly competitive markets because barriers to entry
and exit are nonexistent.
Ans: True
Complexity: Easy
A-head: Barriers to Entry
Subject: Chapter 3
Title: The Competitive Market
2. When applied to healthcare industries, many of the assumptions of microeconomic analysis and
characteristics often do not fit.
Ans: True
Complexity: Easy
A-head: Perfect Competition
Copyright © 2026 by Jones & Bartlett Learning, LLC, an Ascend Learning Company
