Quiz No. 1 Introduction To Economic Evaluations I

10 Questions

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Economy Quizzes & Trivia

Questions and Answers
  • 1. 
    • A. 

      Its social impact

    • B. 

      Its economic impact

    • C. 

      Its effectiveness

    • D. 

      Its safety

    • E. 

      All of the above

  • 2. 
    The majority of the health technologies and interventions used today are backed by sound evidence on their effectiveness and cost-effectiveness.
    • A. 

      True

    • B. 

      False

  • 3. 
    • A. 

      To conduct an exhaustive review of scientific literature on the subject.

    • B. 

      To provide decision-makers with evidence-based information in order to guide decision-making.

    • C. 

      To help train those responsible for using that technology.

    • D. 

      To warn about the potential risks of using a technology.

    • E. 

      To provide in-depth knowledge of the operational characteristics of a specific technology.

  • 4. 
    A health technology is:
    • A. 

      A drug

    • B. 

      A piece of medical equipment, generally electronic

    • C. 

      A surgical procedure

    • D. 

      A clinical laboratory analysis

    • E. 

      All of the above

  • 5. 
    • A. 

      To make better use of existing healthcare resources

    • B. 

      To limit the number of technologies to be incorporated in the system

    • C. 

      To ensure that technologies considered by the healthcare system are of good quality

    • D. 

      To attempt to incorporate technologies with proven effectiveness

  • 6. 
    When conducting an economic evaluation (EE) of a new health technology, what costs should be taken into account?
    • A. 

      Costs related to use of the technology (staff, supplies, etc.)

    • B. 

      Costs associated with adverse effects or complications that may arise due to application of the technology

    • C. 

      Cost savings as a result of the application of a new technology

    • D. 

      All of the above

  • 7. 
    Opportunity cost refers to…
    • A. 

      Benefits lost because now it is too late to implement the intervention

    • B. 

      Money lost due to a delay in decision-making

    • C. 

      Advertising costs

    • D. 

      The cost of ensuring adequate conditions for implementing a given intervention

    • E. 

      Benefits “lost” due to not being able to use the resources on another intervention

  • 8. 
    • A. 

      Life years gained

    • B. 

      Cases averted

    • C. 

      Diagnoses made

    • D. 

      All of the above

  • 9. 
    Full economic evaluations (EE) are those that…
    • A. 

      Takes costs related to the use of a health technology into account

    • B. 

      Compares two or more alternatives in terms of costs and benefits

    • C. 

      Analyzes both the costs and benefits of a health technology

    • D. 

      Produces a valid result for decision making

  • 10. 
    What are the main vehicles of economic evaluations?
    • A. 

      EE based on national statistics

    • B. 

      EE based on individual patients (for example, in a clinical trial)

    • C. 

      EE based on consultations with experts

    • D. 

      EE based on models

    • E. 

      Answers b and d