PH-154 EXAM 3 QUESTIONS AND ACCURATE ANSWERS 100% PASS

PH-154 EXAM 3 QUESTIONS AND ACCURATE
ANSWERS 100% PASS


What is meant by the term "health care costs"?

a. The price of health care

b. How much a nation spends on health care

c. Cost of producing health care

d. All of the above - ANSWER All of the above



What does the Consumer Price Index (CPI) measure?

a. Medical inflation

b. General inflation

c. Health care expenditures

d. Overall government expenditures - ANSWER General inflation



What is Gross Domestic Product (GDP)?

a. A measure of all the goods and services produced by a nation in a given year

b. A measure of all the goods and services produced by a nation in a given year, divided
by the population

c. A measure of all the goods and services produced by a nation in a given year, minus
the amount of money spent by the government

d. A measure of all the goods and services produced by a nation in a given year, divided
by the amount of money spent by the government - ANSWER A measure of all the goods
and services produced by a nation in a given year



Approximately what percentage of GDP is spent on health care in 2009?

a. 7%

b. 17%