LSUS MHA 710 LATEST
ECONOMICS EXAM 3
ANSWER ALL QUESTIONS IN THIS SECTION
QUESTION 1
What percentage of new drugs introduced in the United States between 1940 &
1990 were discovered by firms in the United States? - ANSWERS-60 percent.
QUESTION 2
Pharmaceutical companies receive patents as an exclusive right to produce a drug.
This results in: - ANSWERS-Monopoly rights in the production of the drug.
QUESTION 3
Danzon & Furukawa (2003) argue that: - ANSWERS-Pharmaceutical price
differences across countries are roughly in line with differences in per capita gross
domestic product, supporting the predictions of Ramsey pricing practices.
QUESTION 4
The amount that Medicare pays a hospital for treating a Medicare patient is
determined: - ANSWERS-At the point when the diagnosis is made.
END OF
PAGE 1
, LSUS MHA 710 LATEST
ECONOMICS EXAM 3
QUESTION 5
Compared to the not-for-profit organizational form, the for-profit environment -
ANSWERS-Allows for the transfer of assets.
QUESTION 6
In general, the longer a drug is on the market, the: - ANSWERS-Lower its return
on sales.
QUESTION 7
Which of the following statements about the distribution of physicians among
specialties is true in the United States? - ANSWERS-There are twice as many
specialists as there are generalists.
QUESTION 8
Each year, the Medicare trustees issue a report on the health of the program.
According to the 2016 report, which of the following statements is true? -
END OF
PAGE 2
ECONOMICS EXAM 3
ANSWER ALL QUESTIONS IN THIS SECTION
QUESTION 1
What percentage of new drugs introduced in the United States between 1940 &
1990 were discovered by firms in the United States? - ANSWERS-60 percent.
QUESTION 2
Pharmaceutical companies receive patents as an exclusive right to produce a drug.
This results in: - ANSWERS-Monopoly rights in the production of the drug.
QUESTION 3
Danzon & Furukawa (2003) argue that: - ANSWERS-Pharmaceutical price
differences across countries are roughly in line with differences in per capita gross
domestic product, supporting the predictions of Ramsey pricing practices.
QUESTION 4
The amount that Medicare pays a hospital for treating a Medicare patient is
determined: - ANSWERS-At the point when the diagnosis is made.
END OF
PAGE 1
, LSUS MHA 710 LATEST
ECONOMICS EXAM 3
QUESTION 5
Compared to the not-for-profit organizational form, the for-profit environment -
ANSWERS-Allows for the transfer of assets.
QUESTION 6
In general, the longer a drug is on the market, the: - ANSWERS-Lower its return
on sales.
QUESTION 7
Which of the following statements about the distribution of physicians among
specialties is true in the United States? - ANSWERS-There are twice as many
specialists as there are generalists.
QUESTION 8
Each year, the Medicare trustees issue a report on the health of the program.
According to the 2016 report, which of the following statements is true? -
END OF
PAGE 2
