LSUS MHA 710 ECONOMICS EXAM 3
EXAM WITH CORRECT ACTUAL
QUESTIONS AND CORRECTLY WELL
DEFINED ANSWERS LATEST ALREADY
GRADED A+ 2025 – 2026
Several reform options have been discussed by Congress to
solve some of the structural problems that plague the
program. Which of the following options has received little
support? - ANSWERS-Limit the coverage for end-of-life care,
the most expensive single item in Medicare, to include only
essential palliative care.
Part B pays what percentage of the allowable fee set by
Medicare? - ANSWERS-80 percent.
Which of the following statements is true concerning the
trend in community hospital care between inpatient &
outpatient services since the mid-1980s? - ANSWERS-
, Outpatient services have been growing, while inpatient
services have been declining.
On average, biopharmaceutical companies spend
approximately what percentage of their sales revenue on
research & development? - ANSWERS-5-10 percent.
In 2019, Medicare covered approximately how many
Americans? - ANSWERS-60 milllion.
What was the main effect of the agreement on Trade-
Related Aspects of Intellectual Property Rights (TRIPS) on
United States' domestic policy? - ANSWERS-It extended the
life of patents from 17 years from the date of grant to 20
years from the date of application.
Suppose the market for nursing services in a local
community is so dominated by a single community hospital
that, for all practical purposes, it is considered a
monopsony. Using the diagram below, answer the question.
If the market were perfectly competitive instead of
dominated by a monopsonist, what would the equilibrium
wage & level of employment be? - ANSWERS-W1 & E1.
EXAM WITH CORRECT ACTUAL
QUESTIONS AND CORRECTLY WELL
DEFINED ANSWERS LATEST ALREADY
GRADED A+ 2025 – 2026
Several reform options have been discussed by Congress to
solve some of the structural problems that plague the
program. Which of the following options has received little
support? - ANSWERS-Limit the coverage for end-of-life care,
the most expensive single item in Medicare, to include only
essential palliative care.
Part B pays what percentage of the allowable fee set by
Medicare? - ANSWERS-80 percent.
Which of the following statements is true concerning the
trend in community hospital care between inpatient &
outpatient services since the mid-1980s? - ANSWERS-
, Outpatient services have been growing, while inpatient
services have been declining.
On average, biopharmaceutical companies spend
approximately what percentage of their sales revenue on
research & development? - ANSWERS-5-10 percent.
In 2019, Medicare covered approximately how many
Americans? - ANSWERS-60 milllion.
What was the main effect of the agreement on Trade-
Related Aspects of Intellectual Property Rights (TRIPS) on
United States' domestic policy? - ANSWERS-It extended the
life of patents from 17 years from the date of grant to 20
years from the date of application.
Suppose the market for nursing services in a local
community is so dominated by a single community hospital
that, for all practical purposes, it is considered a
monopsony. Using the diagram below, answer the question.
If the market were perfectly competitive instead of
dominated by a monopsonist, what would the equilibrium
wage & level of employment be? - ANSWERS-W1 & E1.
