1. If E is the total medical expenditure, P is the price and Q is Quantity of medical care, total medical expenditure is:
a. E= Q*Q
b. E = P*E
c. E = P*Q
d. E = P*P
2. Quanitity of medical care may increase due to the following reasons, except:
a. An aging population
b. inflation
c. Richer population
d. More insurance coverage
3. Rising costs is a bad thing
a. if rising costs are due to rising prices
b. if rising costs are due to rising demand
c. It is bad anyway
d. None of the above
4. In the last thirty years, Us Medical care CPI has been:
a. Consistently lower than the overall inflation
b. consistently Higher than the overall inflation
c. Constant
d. Fluctuating around the overall inflation
5. Based of Arrow's impossibility theorem"
a. Highest level of health, wealth and equity are achievable at the same time.
b. Societies do not necessarily have transitive preferences, even when everyone in them does.
c. Achieving an equitable health system is impossible
d. Everyting is impossible.
6. Which one is an option for health insurance market?
a. Universal public insurnace
b. compulsory Insurance
c. Employer-Sponsored insurnace
d. All of the above
7. Which problem is not an issue in a universal public insurance
a Moral Hazard
b. Adverse Selection
c. Overutilization
d. None of the above
8. Which medical specialty is used the most frequently?
a. Neurosurgery
b. Cardiac
c. Emergency Room
d. Psychiatry
9. Which one is not a strategy used in managed care?
a. Gatekeeping
b, Denials of coverage
c. Group Discounting
d. Monitoring
10. Which theory does best explain the increasing trend in obesity in the past 150 years?
a. Decline in food prices
b. Changes in the food industry
c. Genetics
d. Increase in womens's labor force participation