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ECON 248 FINAL EXAM |QUESTIONS AND 100% CORRECT WELL DETAILED ANSWERS|LATEST UPDATE!!!2025/2026|GUARANTEED PASS|GRADED A+

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ECON 248 FINAL EXAM |QUESTIONS AND 100% CORRECT WELL DETAILED ANSWERS|LATEST UPDATE!!!2025/2026|GUARANTEED PASS|GRADED A+

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100% CORRECT WELL DETAILED
ANSWERS|LATEST
UPDATE!!!!!!2025/2026|GUARANTEED


The principles of the Canada Health Act include all EXCEPT

Universality

Portability

Equity

Public Administration - ANSWER Equity



The following is not a measure of health outcome:



Number of physicians per capita.



Population incidence of malaria.



Death rate for children under the age of 5.



Estimated men's lifespan. - ANSWER Number of physicians per capita.



In Canada, the supply of physicians has



decreased substantially over time resulting in the current shortage.



risen steadily over time but has not kept up to population growth.


1

,mainly risen over time but practice behaviors have changed.



decreased sharply recently leading to the current shortage. - ANSWER mainly risen
over time but practice behaviors have changed.



Rather than aggregate health expenditures, we often look at real expenditures per capita.
This calculation requires us to deflate the aggregate expenditures by:



the purchasing power of the currency.



the size of the population.



the cost of health care.



Answers a. and b. are correct. - ANSWER Answers a. and b. are correct.



Health care



is the most important determinant of health in OECD countries.



is the most expensive determinant of health in OECD countries.



spending continues to grow rapidly in most OECD countries.



sector is one of the largest sectors in most OECD countries. - ANSWER sector is one of
the largest sectors in most OECD countries.




2

,The following is not a driver of increased health care expenditures:



Increases in the health care covered under public insurance



Increases in the quality of health care



Increases in the price of health care



Increases in the quantity of health care - ANSWER Increases in the health care covered
under public insurance



Public sector financing covers about of health care expenditures in Canada.

100%

70%

50%

30% - ANSWER 70%



What statement best describes a health system?



Aspects of society that have an important bearing on the health care at the population level.



Aspects of society that have an important bearing on the health care of individuals and the
population.



Aspects of society that have an important bearing on health at the population level.



Aspects of society that have an important bearing on the health of individuals and the
population. - ANSWER Aspects of society that have an important bearing on the
health of individuals and the population.

3

, Which statement best describes governance of the Canadian Health Care System?



Provinces/Territories have jurisdiction adhering to the guidelines of the Canada Health Act



The Federal Government controls provincial/territorial actions with the Canada Health Act



Federal/Provincial/Territorial governments share jurisdiction over the Health Care System.



The Canada Health Act provides the governance structure for the Health Care System. -
ANSWER Provinces/Territories have jurisdiction adhering to the guidelines of the
Canada Health Act



How does Canada compare to other OECD countries regarding the proportion of health care
expenditures covered by public financing.



the highest



relatively high



about the same



relatively low - ANSWER relatively low



Which statement best describes technical efficiency?



Enables producers to identify the most up to date production technology.




4

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