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MHA 710 - Exam 2 Questions with Complete Solutions

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MHA 710 - Exam 2 Questions with Complete Solutions When area income increases by 20 percent, what occurs? Quantity demanded rises by 10.0 percent. Under which of the following circumstances is the principal-agent relationship likely to be most problematic? Between surgeons and patients The concept of quality-adjusted life year (QALY): is used extensively to evaluate medical care resource allocation within government-run programs on fixed budgets, especially in Europe.

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MHA 710 - Exam 2 Questions with Complete
Solutions

When area income increases by 20 percent, what occurs? Quantity demanded rises by

10.0 percent.




Under which of the following circumstances is the principal-agent relationship likely to be most

problematic? Between surgeons and patients




The concept of quality-adjusted life year (QALY): is used extensively to evaluate medical

care resource allocation within government-run programs on fixed budgets, especially in Europe.




Researchers estimate QALYs in a number of different ways. One popular approach is called the

Standard gamble




Cost-effectiveness considerations are more formally integrated into health policy making in

Australia, Europe, Canada.

, A critical assumption in the model of demand and supply is the independence of demand and

supply curves. If the two are not independent, a shift in the supply curve can lead to a shift in the

demand curve referred to as: Supplier induced demand




The top ten causes of death in the United States in 2010 included all of the following except

AIDS




The accompanying diagram depicts the relationship between health status and medical care

spending for a particular country. Which of the following statements is true? Social

pressures will move the health care system to spend S2.




Health care that actually harms the patient, such as an adverse reaction to a prescription drug, is

called: iatrogenic disease.




The number one cause of death in the United States in 1980 was: Heart disease




Health insurance features that tend to reduce moral hazard include: Deductibles,

coinsurance, copayments

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