Exam 2) MHA 710 Exam 2: Study Guide: Questions & Answers : Guaranteed A+ Guide

Which of the following is least responsible for the reduction in mortality rates in Europe and North America? (Ans- More effective medical interventions Suppose your assignment is to use the standard time trade-off approach to measure quality of life. You are given the following information: An individual is faced with living the remaining 10 years of their life suffering from severe osteoporosis. The individual reveals that they would be willing to give up four of those years to live the remaining six in perfect health. What is the utility of one year in a chronic health state relative to perfect health? (Ans- 0.6 Factors affecting the level of medical care demand include all of the following except: (Ans- Price of Medical Care When measuring the effectiveness of a treatment, surrogate measures reflect clinical efficacy and include: (Ans- Bone-Mass Density (BMD) 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? (Ans- Adult women spend more money on medical care than men do. When area income increases by 20 percent, what occurs? (Ans- quantity demanded rises by 10.0 percent. Researchers use cost-of-illness studies for all of the following except to: (Ans- compare the relative efficiency of treating various conditions. According to Grossman (1972), how is the demand for medical care determined? (Ans- It is derived from the demand for health. The intangible costs associated with reduced quality of life include: (Ans- Pain and Suffering Many economists consider medical care a superior good. Which of the following statements is true regarding a superior good? (Ans- As consumer income increases, consumers spend more on superior goods. 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? (Ans- S1 levels of spending are often described as spending on the flat of the curve. 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? (Ans- 100