Question 1

The _______ states that an individual's income relative to some social group average impacts health.

Accepted Answer

A)  absolute income hypothesis 
B)  relative income hypothesis 
C)  relative position hypothesis 
D)  income inequality hypothesis 
E)  absolute position hypothesis 
A)  absolute income hypothesis 
B)  relative income hypothesis 
C)  relative position hypothesis 
D)  income inequality hypothesis 
E)  absolute position hypothesis B

Question 2

The _______ states that distribution of income directly impacts health.

Accepted Answer

A)  absolute income hypothesis 
B)  relative income hypothesis 
C)  relative position hypothesis 
D)  income inequality hypothesis 
E)  absolute position hypothesis 
A)  absolute income hypothesis 
B)  relative income hypothesis 
C)  relative position hypothesis 
D)  income inequality hypothesis 
E)  absolute position hypothesis D

Question 3

Which of the following best illustrates the law of diminishing marginal utility?

Accepted Answer

A)  A physician orders additional exams to provide a more accurate diagnosis. 
B)  A person chooses the most comprehensive health insurance offered every time, regardless of the benefit or cost. 
C)  A patient chooses to visit the dentist twice a year for checkups rather than once a month. 
D)  Congress chooses to continue debating the merits of alternative health policies. 
E)  None of the above. 
A)  A physician orders additional exams to provide a more accurate diagnosis. 
B)  A person chooses the most comprehensive health insurance offered every time, regardless of the benefit or cost. 
C)  A patient chooses to visit the dentist twice a year for checkups rather than once a month. 
D)  Congress chooses to continue debating the merits of alternative health policies. 
E)  None of the above. C

Question 4

Which of the following is included in the health production function?

Accepted Answer

A)  Age 
B)  State of medical technology 
C)  Gender 
D)  Income 
E)  All of the above 
A)  Age 
B)  State of medical technology 
C)  Gender 
D)  Income 
E)  All of the above

Question 5

_______ can help avoid the problem of diminishing marginal productivity of medical care.

Accepted Answer

A)  Increases in the number of physicians 
B)  Increases in the number of nurses 
C)  Advancements in medical technology 
D)  both a and b are correct 
E)  All of the above 
A)  Increases in the number of physicians 
B)  Increases in the number of nurses 
C)  Advancements in medical technology 
D)  both a and b are correct 
E)  All of the above

Question 6

_______ has been credited as the leading cause of decreases in child mortality during the early twentieth century in the U.S.

Accepted Answer

A)  The polio vaccine 
B)  Improvements in public education 
C)  Improvements in water quality 
D)  Medicaid 
E)  The improving macroeconomy 
A)  The polio vaccine 
B)  Improvements in public education 
C)  Improvements in water quality 
D)  Medicaid 
E)  The improving macroeconomy

Question 7

The concept of _______ helps explain why some people choose not to visit their primary care physician every day.

Accepted Answer

A)  inseparability 
B)  human capital 
C)  diminishing marginal utility 
D)  process quality 
E)  absolute income hypothesis 
A)  inseparability 
B)  human capital 
C)  diminishing marginal utility 
D)  process quality 
E)  absolute income hypothesis

Question 8

_______ occurs when more patients are treated by a new medical intervention.

Accepted Answer

A)  Income inequality 
B)  Treatment substitution 
C)  Social influence 
D)  Environmental impact 
E)  Treatment expansion 
A)  Income inequality 
B)  Treatment substitution 
C)  Social influence 
D)  Environmental impact 
E)  Treatment expansion

Question 9

Better macroeconomic conditions have a positive overall impact on health.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following is not a characteristic of medical care that distinguishes it from other goods?

Accepted Answer

A)  Investment 
B)  Inventory 
C)  Intangibility 
D)  Inconsistency 
E)  Inseparability 
A)  Investment 
B)  Inventory 
C)  Intangibility 
D)  Inconsistency 
E)  Inseparability

Question 11

Which of the following accounts for the greatest number of deaths in the U.S.?

Accepted Answer

A)  Chronic lower respiratory diseases 
B)  Alzheimer's disease 
C)  Diabetes mellitus 
D)  Diseases of the heart 
E)  Malignant neoplasms 
A)  Chronic lower respiratory diseases 
B)  Alzheimer's disease 
C)  Diabetes mellitus 
D)  Diseases of the heart 
E)  Malignant neoplasms

Question 12

The reduction in the number of reported polio cases was due largely to government health programs.

Accepted Answer

A) True 
 B)False

Question 13

Process quality refers to the physical and human resources of the medical care organization.

Accepted Answer

A) True 
 B)False

Question 14

There is a constant relationship between increases in health and utility.

Accepted Answer

A) True 
 B)False

Question 15

Advancements in medical technology allow people to obtain greater amounts of health with the same amount of medical care.

Accepted Answer

A) True 
 B)False

The _______ states that an individual's income relative to some social group average impacts health.

The _______ states that distribution of income directly impacts health.

Which of the following best illustrates the law of diminishing marginal utility?

Which of the following is included in the health production function?

_______ can help avoid the problem of diminishing marginal productivity of medical care.

_______ has been credited as the leading cause of decreases in child mortality during the early twentieth century in the U.S.

The concept of _______ helps explain why some people choose not to visit their primary care physician every day.

_______ occurs when more patients are treated by a new medical intervention.

Better macroeconomic conditions have a positive overall impact on health.

Which of the following is not a characteristic of medical care that distinguishes it from other goods?

Which of the following accounts for the greatest number of deaths in the U.S.?

The reduction in the number of reported polio cases was due largely to government health programs.

Process quality refers to the physical and human resources of the medical care organization.

There is a constant relationship between increases in health and utility.

Advancements in medical technology allow people to obtain greater amounts of health with the same amount of medical care.

Introduction

Cost and Benefit Analysis

Health Care Systems and Institutions

The Demand for Medical Care

The Demand for Medical Insurance: Traditional and Managed Care Coverage

Medical Care Production and Costs

Structure, Conduct, Performance, and Market Analysis

Government, Health, and Medical Care

Government As Health Insurer

The Private Health Insurance Industry

The Physician Services Industry

The Hospital Services Industry

The Pharmaceutical Industry

The Long-Term Care Industry

Health Insurance Reform

Filters

Exam 2: Health and Medical Care: an Economic Perspective

The _______ states that an individual's income relative to some social group average impacts health.

The _______ states that distribution of income directly impacts health.

Which of the following best illustrates the law of diminishing marginal utility?

Which of the following is included in the health production function?

_______ can help avoid the problem of diminishing marginal productivity of medical care.

_______ has been credited as the leading cause of decreases in child mortality during the early twentieth century in the U.S.

The concept of _______ helps explain why some people choose not to visit their primary care physician every day.

_______ occurs when more patients are treated by a new medical intervention.

Better macroeconomic conditions have a positive overall impact on health.

Which of the following is not a characteristic of medical care that distinguishes it from other goods?

Which of the following accounts for the greatest number of deaths in the U.S.?

The reduction in the number of reported polio cases was due largely to government health programs.

Process quality refers to the physical and human resources of the medical care organization.

There is a constant relationship between increases in health and utility.

Advancements in medical technology allow people to obtain greater amounts of health with the same amount of medical care.

Introduction

Cost and Benefit Analysis

Health Care Systems and Institutions

The Demand for Medical Care

The Demand for Medical Insurance: Traditional and Managed Care Coverage

Medical Care Production and Costs

Structure, Conduct, Performance, and Market Analysis

Government, Health, and Medical Care

Government As Health Insurer

The Private Health Insurance Industry

The Physician Services Industry

The Hospital Services Industry

The Pharmaceutical Industry

The Long-Term Care Industry

Health Insurance Reform

Filters