Question 1

Due to moral hazard,the goal of providing security is likely to conflict with the goal of efficiency.

Accepted Answer

A)  True 
B)  False 
C)  Uncertain 
A)  True 
B)  False 
C)  Uncertain A

Question 2

Under federal tax law,employer-provided health insurance is not subject to taxation.

Accepted Answer

A)  True 
B)  False 
C)  Uncertain 
A)  True 
B)  False 
C)  Uncertain A

Question 3

How many elderly people are covered by Medicare?

Accepted Answer

A)  one third 
B)  one half 
C)  almost all 
D)  almost none 
A)  one third 
B)  one half 
C)  almost all 
D)  almost none C

Question 4

U.S.health care spending amounts to _____ per year.

Accepted Answer

A)  $7.8 billion 
B)  $1.1 million 
C)  $2.2 trillion 
D)  $4.4 trillion 
A)  $7.8 billion 
B)  $1.1 million 
C)  $2.2 trillion 
D)  $4.4 trillion

Question 5

In the United States,universal health care is administered by

Accepted Answer

A)  the federal government. 
B)  state governments. 
C)  private insurance companies. 
D)  hospitals. 
E)  none of these answer options are correct. 
A)  the federal government. 
B)  state governments. 
C)  private insurance companies. 
D)  hospitals. 
E)  none of these answer options are correct.

Question 6

Most private medical insurance is provided through employers as a benefit to their employees.

Accepted Answer

A)  True 
B)  False 
C)  Uncertain 
A)  True 
B)  False 
C)  Uncertain

Question 7

The Medicaid program provides health insurance for the

Accepted Answer

A)  elderly. 
B)  poor. 
C)  veterans of wars. 
D)  disabled. 
A)  elderly. 
B)  poor. 
C)  veterans of wars. 
D)  disabled.

Question 8

Job lock is good for the U.S.work force.

Accepted Answer

A)  True 
B)  False 
C)  Uncertain 
A)  True 
B)  False 
C)  Uncertain

Question 9

Generally,managed care means

Accepted Answer

A)  health care is provided by teams,not by an individual doctor. 
B)  limits are placed on utilization of health care services. 
C)  health care is provided by the government to all citizens. 
D)  doctors pick which patients they want to see. 
A)  health care is provided by teams,not by an individual doctor. 
B)  limits are placed on utilization of health care services. 
C)  health care is provided by the government to all citizens. 
D)  doctors pick which patients they want to see.

Question 10

The health care system currently in place will be dramatically changed in the next four years.

Accepted Answer

A)  True 
B)  False 
C)  Uncertain 
A)  True 
B)  False 
C)  Uncertain

Question 11

Refer to the figure below,expenditures as a percent of GDP fell dramatically in the 1980s.

Accepted Answer

A)  True 
B)  False 
C)  Uncertain 
A)  True 
B)  False 
C)  Uncertain

Question 12

__________ account(s)for the largest portion of public health expenditure in the United States.

Accepted Answer

A)  Children's hospitals 
B)  Universal health coverage 
C)  Medicaid 
D)  Medicare 
A)  Children's hospitals 
B)  Universal health coverage 
C)  Medicaid 
D)  Medicare

Question 13

The __________ level of government accounts for the largest share of health care spending.

Accepted Answer

A)  regional 
B)  state 
C)  municipal 
D)  federal 
A)  regional 
B)  state 
C)  municipal 
D)  federal

Question 14

What do you feel would be the effect of a mandate that requires all people to purchase health insurance?

Accepted Answer

Some people do not have insurance becaus

Question 15

The prescription drug benefit plan was added to Medicare in

Accepted Answer

A)  2006. 
B)  1996. 
C)  1965. 
D)  1944. 
A)  2006. 
B)  1996. 
C)  1965. 
D)  1944.

Question 16

Medicare requires individuals to take a standard health test first,but Medicaid does not.

Accepted Answer

A)  True 
B)  False 
C)  Uncertain 
A)  True 
B)  False 
C)  Uncertain

Question 17

The highest percentage of uses of health care funds in the U.S.for 2010 was

Accepted Answer

A)  research. 
B)  hospital care. 
C)  home health care. 
D)  nursing home care. 
A)  research. 
B)  hospital care. 
C)  home health care. 
D)  nursing home care.

Question 18

With the aging of the American population,it might be necessary to reduce the medical benefits to elderly.How do you feel about this idea?

Accepted Answer

This is a personal question,but unless t

Question 19

Private health insurance pays for what percentage of health care expenditures?

Accepted Answer

A)  0 
B)  5 
C)  40 
D)  35 
A)  0 
B)  5 
C)  40 
D)  35

Question 20

At any given time,about 95% of the population in the United States lacks health insurance.

Accepted Answer

A)  True 
B)  False 
C)  Uncertain 
A)  True 
B)  False 
C)  Uncertain

Exam 10: Government and the Market for Health Care

Due to moral hazard,the goal of providing security is likely to conflict with the goal of efficiency.

Under federal tax law,employer-provided health insurance is not subject to taxation.

How many elderly people are covered by Medicare?

U.S.health care spending amounts to _____ per year.

In the United States,universal health care is administered by

Most private medical insurance is provided through employers as a benefit to their employees.

The Medicaid program provides health insurance for the

Job lock is good for the U.S.work force.

Generally,managed care means

The health care system currently in place will be dramatically changed in the next four years.

Refer to the figure below,expenditures as a percent of GDP fell dramatically in the 1980s.

__________ account(s)for the largest portion of public health expenditure in the United States.

The __________ level of government accounts for the largest share of health care spending.

What do you feel would be the effect of a mandate that requires all people to purchase health insurance?

The prescription drug benefit plan was added to Medicare in

Medicare requires individuals to take a standard health test first,but Medicaid does not.

The highest percentage of uses of health care funds in the U.S.for 2010 was

With the aging of the American population,it might be necessary to reduce the medical benefits to elderly.How do you feel about this idea?

Private health insurance pays for what percentage of health care expenditures?

At any given time,about 95% of the population in the United States lacks health insurance.

Introduction

Tools of Positive Analysis

Tools of Normative Analysis

Public Goods

Externalities

Political Economy

Education

Cost-Benefit Analysis

The Health Care Market

Social Security

Income Redistribution: Conceptual Issues

Expenditure Programs for the Poor

Taxation and Income Distribution

Taxation and Efficiency

Efficient and Equitable Taxation

The Personal Income Tax

Personal Taxation and Behavior

The Corporation Tax

Deficit Finance

Fundamental Tax Reform: Taxes on Consumption and Wealth

Public Finance in a Federal System

Filters