How Much Do You Know About Health Economics? Trivia Quiz

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| By Harmony
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Harmony
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Quizzes Created: 4 | Total Attempts: 13,519
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  • 1/40 Questions

    Which of the followings considered resources:

    • Trained personnel
    • Facilities
    • Supplies,equipments
    • All of the above
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About This Quiz

How much do you know about health economics? A proper healthcare system ensures that the scarce resources in the system are efficiently used. A proper understanding of health economics can be helpful in many ways as one is able to know which needs to take care of first and how to compare costs and consequences of specific options. Do take the quiz and get to test yourself. All the best!

How Much Do You Know About Health Economics? Trivia Quiz - Quiz

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  • 2. 

    Health has many dimensions such as:

    • Mental dimension

    • Social dimension

    • Emotional dimension

    • Philosophical dimension

    • All of the above

    Correct Answer
    A. All of the above
    Explanation
    The correct answer is "All of the above" because health encompasses various dimensions, including mental, social, emotional, and philosophical aspects. Mental health refers to the state of a person's psychological well-being, social health involves the ability to form and maintain relationships, emotional health relates to the management of emotions, and philosophical health pertains to finding meaning and purpose in life. Therefore, considering all these dimensions is crucial in understanding and promoting overall health.

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  • 3. 

    Determinants of services utilization include:

    • Extent of illness

    • Awareness

    • Distance

    • Organizational factors

    • All of the above

    Correct Answer
    A. All of the above
    Explanation
    The determinants of service utilization include the extent of illness, awareness, distance, and organizational factors. These factors collectively influence an individual's decision to seek and utilize healthcare services. The extent of illness refers to the severity or seriousness of the health condition, which may prompt individuals to seek medical attention. Awareness plays a role in individuals' knowledge and understanding of available healthcare services. Distance refers to the proximity of healthcare facilities, which can impact accessibility and utilization. Organizational factors encompass the availability, affordability, and quality of healthcare services, as well as the efficiency and effectiveness of healthcare systems. Considering all these factors, it can be concluded that all of the above determinants contribute to service utilization.

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  • 4. 

    One of the following is NOT TRUE about Economics:

    • The science of scarcity

    • Analysis how choices are structured

    • The level of functional or metabolic efficiency of living being

    • Deals with the consequences of resources scarcity

    Correct Answer
    A. The level of functional or metabolic efficiency of living being
    Explanation
    This answer is correct because the level of functional or metabolic efficiency of a living being is not a concept that is typically associated with economics. Economics is primarily concerned with the allocation and distribution of resources, the study of scarcity, and the analysis of how choices are made within a given set of constraints. The level of functional or metabolic efficiency of a living being falls under the domain of biology or physiology.

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  • 5. 

    Fair distribution of resources with a goal to eliminate health care disparities known as:

    • Equity

    • Priority

    • Social justice

    • Efficiency

    Correct Answer
    A. Equity
    Explanation
    Equity is the correct answer because it refers to the fair distribution of resources, including healthcare, with the aim of eliminating disparities. It involves ensuring that everyone has access to the same level of care, regardless of their socioeconomic status or other factors. By prioritizing equity, healthcare systems strive to provide equal opportunities and outcomes for all individuals, addressing the underlying social and economic factors that contribute to health disparities. This approach promotes fairness and justice in healthcare delivery, ultimately working towards a more equitable society.

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  • 6. 

    CBA is a helpful tool for what purpose:

    • Deciding whether to implement a specific program

    • Choosing among competing options

    • Choosing and setting priorities from a group of portential programs

    • Knowing the costs and benefits

    • All of the above

    Correct Answer
    A. All of the above
    Explanation
    CBA, or Cost-Benefit Analysis, is a helpful tool for various purposes. It can be used to decide whether to implement a specific program, as it helps in evaluating the costs and benefits associated with it. It is also useful in choosing among competing options by comparing their costs and benefits. Additionally, CBA aids in choosing and setting priorities from a group of potential programs, as it allows for a systematic comparison of their costs and benefits. Therefore, the correct answer is "All of the above."

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  • 7. 

    One of these is NOT a type of economic evaluation:

    • CDA

    • CMA

    • CEA

    • CBA

    • CUA

    Correct Answer
    A. CDA
    Explanation
    CDA stands for Cost-Effectiveness Analysis, which is a type of economic evaluation. Therefore, CDA is not the correct answer.

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  • 8. 

    Compared with CBA and CUA , CEA is:

    • Easier to understand

    • More readily suited to decision making

    • Less time and resource intensive

    • All of the above

    Correct Answer
    A. All of the above
    Explanation
    CEA (Cost-Effectiveness Analysis) is a method used to compare the costs and benefits of different interventions or options. Compared to CBA (Cost-Benefit Analysis) and CUA (Cost-Utility Analysis), CEA is easier to understand because it focuses on the cost per unit of effectiveness, making it more accessible to decision-makers. Additionally, CEA is more readily suited to decision making because it allows for a direct comparison of different interventions based on their cost-effectiveness. Lastly, CEA is less time and resource intensive compared to CBA and CUA, making it a more practical choice for decision-making processes. Therefore, all of the above statements are true regarding CEA.

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  • 9. 

    "Worker salaries" are an example of:

    • Variable cost

    • Fixed cost

    • Cost

    • Friction cost

    • Marginal cost

    Correct Answer
    A. Fixed cost
    Explanation
    Worker salaries are an example of fixed cost because they do not vary with the level of production or the number of units produced. Regardless of how many units are produced, the salaries of workers remain the same. Fixed costs are expenses that do not change in the short term, such as rent, insurance, or salaries, and they are incurred regardless of the level of production or sales.

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  • 10. 

    All of these are TRUE about international health disparities EXCEPT:

    • Even in the poorest countries there are disparities between poort and rich in health

    • Always there is no disparities in the context of the health care system

    • Access to health care is essential for equitable health

    • There is substantial variation in the health care system and coverage from country to country

    Correct Answer
    A. Always there is no disparities in the context of the health care system
    Explanation
    The statement "always there is no disparities in the context of the health care system" is not true. International health disparities refer to the differences in health outcomes, access to healthcare, and healthcare quality between different countries. These disparities can exist within the context of the healthcare system, affecting individuals of different socioeconomic statuses, ethnicities, or geographic locations. Therefore, it is incorrect to say that there are no disparities in the context of the health care system.

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  • 11. 

    All of those are factors that are taken into consideration when ranking problems EXCEPT:

    • Advances in knowledge

    • Prevalence of the problem

    • Availability of effective measures to solve the problem

    • Seriousness of the problem

    Correct Answer
    A. Advances in knowledge
    Explanation
    The given answer states that "Advances in knowledge" is not a factor taken into consideration when ranking problems. This means that when ranking problems, factors such as prevalence, availability of effective measures, and seriousness of the problem are considered, but advances in knowledge are not.

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  • 12. 

    The TRUE statements regarding "Salary" paying method are:

    • Does not vary with number of people or number of patients treated

    • Does not vary with number of services provided

    • Usually used for physicians working in government agencies

    • Usually paid monthly or yearly

    • All of the above

    Correct Answer
    A. All of the above
    Explanation
    The given answer, "All of the above," is correct because it encompasses all the true statements mentioned in the question. The salary paying method does not vary with the number of people or number of patients treated, as well as the number of services provided. It is usually used for physicians working in government agencies and is typically paid on a monthly or yearly basis.

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  • 13. 

    One of the following is NOT TRUE about primary health care :

    • Health problems can be satisfactory managed

    • Countrinity is the key characteristic of it

    • Provided by special physicians

    • Common chronic diseases are usually treated within it

    Correct Answer
    A. Provided by special physicians
    Explanation
    Primary health care is not provided by special physicians. It is a type of health care that is provided by general practitioners or family doctors who have a broad knowledge of various health issues. They are trained to provide a wide range of services, including preventive care, diagnosis, treatment, and management of common health problems. Special physicians, on the other hand, are specialists who focus on specific areas of medicine and provide more specialized care for specific health conditions. Therefore, the statement that primary health care is provided by special physicians is not true.

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  • 14. 

    An immunization program for poliomyelitis will cost 5,000,000 $ Dollars , and it is estimated that it will prevent  500,000 cases . The CEA ratio for this program is:

    • 10

    • 15

    • 20

    • 1/10

    • None of the above

    Correct Answer
    A. 10
    Explanation
    The CEA (Cost-Effectiveness Analysis) ratio is calculated by dividing the cost of the program by the number of cases it prevents. In this case, the cost of the immunization program for poliomyelitis is $5,000,000 and it is estimated to prevent 500,000 cases. Therefore, the CEA ratio is $5,000,000 divided by 500,000, which equals 10. This means that for every case of poliomyelitis prevented, the program costs $10.

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  • 15. 

    A health program against Smoking reduces the number of heart diseases and provides additional reduction in Asthma for children , One of these is TRUE:

    • Direct benefit: reduction in Asthma for children

    • Direct benefit: reduction in heart diseases

    • Indescribable benefit: reduction in heart diseases

    • Indirect benefit: reduction in Asthma for children

    • Two of the above

    Correct Answer
    A. Two of the above
    Explanation
    The correct answer is "Two of the above." This is because the given statement mentions that a health program against smoking reduces the number of heart diseases and provides additional reduction in asthma for children. Therefore, both the direct benefit of reducing heart diseases and the indirect benefit of reducing asthma for children are true.

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  • 16. 

    One of these statements is NOT TRUE:

    • Want is often thought of as a physiological or biological requirement for maintaining life such as need of air

    • Demand is the ability and desire to pay for goods and services

    • Need can be defined as the gap between optimal health and ill health or equivalently

    • Consumer is a person who uses a service

    • Cost containment means to keep costs within acceptable limits

    Correct Answer
    A. Want is often thought of as a physiological or biological requirement for maintaining life such as need of air
    Explanation
    Want is not often thought of as a physiological or biological requirement for maintaining life. Wants are desires or preferences for goods and services that are not necessary for survival, unlike needs which are essential for maintaining life.

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  • 17. 

    "A state of having limited knowledge where it is impossible to exactly describe the existing state , a future outcome" best describes :

    • Asymmetric information

    • Utilization

    • Uncertainty

    • Financial security

    • Personal security

    Correct Answer
    A. Uncertainty
    Explanation
    Uncertainty is the best description for a state of having limited knowledge where it is impossible to exactly describe the existing state or a future outcome. Uncertainty refers to a lack of certainty or predictability, where the outcome or consequences of a situation are unknown or unpredictable. In this state, there is a lack of complete information or understanding, making it difficult to make accurate predictions or decisions.

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  • 18. 

    Income inequality is associated with the following outcomes in low income people EXCEPT:

    • Homicide

    • Unemployment

    • A lot of reaction

    • High crime rates

    Correct Answer
    A. A lot of reaction
    Explanation
    Income inequality is associated with various negative outcomes for low-income people, such as unemployment, high crime rates, and even homicide. However, there is no direct association between income inequality and "a lot of reaction." This term is vague and does not specify any specific negative outcome. Therefore, it can be concluded that income inequality does not directly lead to "a lot of reaction" among low-income individuals.

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  • 19. 

    All of these are true about " Economic evaluation" EXCEPT:

    • Measuring value of alternative course of action

    • Choosing the cheapest

    • Same as Opportunity cost

    • Comparative analysis of alternative courses of action in terms of both their costs and consequences

    • Applied to compare the cost and consequences of two or more alternative programs

    Correct Answer
    A. Choosing the cheapest
    Explanation
    The given answer, "Choosing the cheapest," is incorrect because economic evaluation does not solely focus on choosing the cheapest option. Economic evaluation involves comparing the costs and consequences of different courses of action, considering both their financial implications and their potential outcomes. It aims to measure the value of alternative options and make informed decisions based on a comprehensive analysis, rather than simply selecting the cheapest option available.

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  • 20. 

    The WHO identified two broad areas of social determinants of health , the first was daily living conditions , the second was:

    • Health inequalities

    • Distribution of money,power ,resources

    • Leading causes of death

    • Non of the above

    Correct Answer
    A. Distribution of money,power ,resources
    Explanation
    The second broad area of social determinants of health identified by the WHO is the distribution of money, power, and resources. This refers to the unequal distribution of wealth, social status, and access to resources such as education, healthcare, and employment opportunities. These factors greatly influence a person's overall health and well-being, as individuals with greater resources and power are more likely to have better living conditions, access to healthcare, and opportunities for a healthy lifestyle.

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  • 21. 

    The materialist/structuralist mechanisms which explain how social determinants influence health include all the following EXCEPT: 

    • Availability of resources to access the facilities of life

    • Working conditions

    • Tobacco and alcohol use

    • Quality of available food and house among others

    Correct Answer
    A. Tobacco and alcohol use
    Explanation
    The materialist/structuralist mechanisms explain how social determinants influence health by considering factors such as the availability of resources to access the facilities of life, working conditions, and the quality of available food and housing. These factors can have a significant impact on an individual's overall health and well-being. However, tobacco and alcohol use, although they can be influenced by social determinants, are not considered as direct mechanisms in this framework.

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  • 22. 

    Factors that distinguish health economics from other areas include all of these EXCEPT:

    • Barriers to entry

    • Externalities

    • Asymmetric information

    • Uncertainty

    • None of the above

    Correct Answer
    A. None of the above
    Explanation
    Health economics is a field that focuses on the study of how resources are allocated in the healthcare sector. It examines the economic factors that influence health and healthcare, such as the costs of medical treatments, the demand for healthcare services, and the impact of healthcare policies. Factors that distinguish health economics from other areas include barriers to entry, externalities, asymmetric information, and uncertainty. Therefore, the correct answer is "None of the above" as all of these factors are relevant in health economics.

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  • 23. 

    "Capitation" Means:

    • Amount established to cover the cost of heath care services delivered to a person for a specific time

    • A fixed payment (usually monthly or yearly)

    • A prospective cost reimbursement classification system for in-patient services based on diagnosis

    • The amount of money that flows from payers to an insurance plan

    • How individuals choose , minimize costs or maximize profits or wealth or utilities

    Correct Answer
    A. Amount established to cover the cost of heath care services delivered to a person for a specific time
    Explanation
    Capitation refers to a predetermined amount of money that is established to cover the cost of healthcare services provided to an individual over a specific period of time. This fixed payment is typically made on a monthly or yearly basis and is intended to cover all necessary medical services for the individual. It is a method used by healthcare providers to manage costs and ensure that they have adequate funds to deliver the required healthcare services.

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  • 24. 

    All of these are methods for paying for hospitals EXCEPT:

    • Charge-based payments

    • Per-diem payments

    • Per-case payments

    • Budget payments

    • Managed Care

    Correct Answer
    A. Managed Care
    Explanation
    Managed Care is not a method for paying for hospitals. It is a system of healthcare delivery that aims to manage costs and improve quality by coordinating and controlling healthcare services. Managed Care involves contracts between insurance companies and healthcare providers to provide comprehensive healthcare services to enrolled individuals. In contrast, charge-based payments, per-diem payments, per-case payments, and budget payments are all methods of payment for hospitals where the payment is based on the services provided or a fixed amount per day or case.

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  • 25. 

    "Disparities in Health ( or health care) that are systemic and avoidable" this is known as:

    • Health inequaties

    • Health disparities

    • Health equity

    • Health determinants

    Correct Answer
    A. Health inequaties
    Explanation
    Health inequities refer to the unfair and avoidable differences in health outcomes that are systematically experienced by certain groups of people. These disparities are often rooted in social, economic, and environmental factors, and can be influenced by access to healthcare, education, income, and other determinants of health. Health disparities, on the other hand, are the measurable differences in health outcomes between different groups of people. Health equity, on the other hand, refers to the absence of unfair and avoidable health disparities. Therefore, the correct answer is health inequities.

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  • 26. 

    All of these are examples of how age affecting the access to health care EXCEPT:

    • Elderly people with Co-morbidity this will cause a financial burden on their income

    • Elderly people may have the opportunity to access information about their health and how to protect it

    • They face other barriers such as impaired mobility

    • Non of the above

    Correct Answer
    A. Elderly people may have the opportunity to access information about their health and how to protect it
    Explanation
    The given answer states that elderly people may have the opportunity to access information about their health and how to protect it. This suggests that age does not affect their access to healthcare in terms of information and knowledge. However, the other options mention factors that can affect the access to healthcare for elderly people, such as financial burden due to co-morbidity and barriers like impaired mobility. Therefore, the correct answer is the option that does not mention any factor that hinders access to healthcare, which is "elderly people may have the opportunity to access information about their health and how to protect it."

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  • 27. 

    All of the following are correct about AlMA ATA declaration EXCEPT:

    • The first international declaration underlining the importance of Primary Health Care

    • It consider health a human right

    • Economics and social development are important to reduce the gap between developing and developed countries

    • It was accepted by the member countries as the key to achieve the goal of " Health for All"

    • Non of the above

    Correct Answer
    A. Non of the above
    Explanation
    The given correct answer is "None of the above." This means that all of the statements mentioned in the question are correct about the AlMA ATA declaration. The AlMA ATA declaration was the first international declaration that emphasized the significance of Primary Health Care. It recognized health as a human right and acknowledged that economic and social development are crucial in bridging the gap between developing and developed countries. The declaration was accepted by member countries as the key to achieving the goal of "Health for All."

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  • 28. 

    Economics is concerned with all of the following EXCEPT:

    • Cost

    • Choice

    • Efficiency

    • Optimal Health

    • All of the above

    Correct Answer
    A. Optimal Health
    Explanation
    Economics is a social science that studies the production, distribution, and consumption of goods and services. It focuses on analyzing choices, costs, and efficiency in order to maximize resources and achieve economic goals. However, optimal health is not a topic typically addressed in economics. While health economics is a subfield that examines the allocation of healthcare resources, the question specifically asks about economics in general, making "Optimal Health" the correct answer.

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  • 29. 

    All of those statements are TRUE EXCEPT:

    • Marginal cost:Value of production lost due to time needed to find a replacement worker

    • Opportunity cost: Cost of not doing something

    • Quality assessment: The measurement of the actual quality of health care rendered

    • Microeconomics: The entire country's health care system including the way that it performs

    • Two of the above

    Correct Answer
    A. Two of the above
    Explanation
    The correct answer is "Microeconomics: The entire country's health care system including the way that it performs." This statement is not true because microeconomics focuses on individual economic units, such as households and firms, rather than the entire country's health care system. Microeconomics examines the behavior of these units and how their interactions determine the allocation of resources in specific markets.

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  • 30. 

    All of the following are similarities between Economists and Physicians EXCEPT:

    • Good decision requires comparing between benefits and risks

    • Both face Uncertanity

    • Often must take difficult decisions

    • Both are concerned with large aggregations

    • Reliance on quantitative information

    Correct Answer
    A. Both are concerned with large aggregations
    Explanation
    Economists and physicians both face uncertainty, often must take difficult decisions, and rely on quantitative information in their respective fields. However, the statement that both are concerned with large aggregations is not true. While economists do analyze data on a macroeconomic level and study large-scale economic trends, physicians primarily focus on individual patient care and the treatment of specific medical conditions. Therefore, the correct answer is that both are concerned with large aggregations.

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  • 31. 

    High utilization rate suggests a:

    • Low level of morbidity

    • High standard of population health

    • Low level of service supply

    • High level of morbidity

    • Inaccessible health care services

    Correct Answer
    A. High level of morbidity
    Explanation
    A high utilization rate suggests a high level of morbidity because when a large number of people are seeking healthcare services, it indicates that there is a higher prevalence of illness or disease within the population. This could be due to factors such as poor overall health, a higher incidence of chronic conditions, or limited access to preventive care. Therefore, a high utilization rate is indicative of a greater burden of illness within the population, leading to a high level of morbidity.

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  • 32. 

    All of those are TRUE regarding types of economics evaluation EXCEPT:

    • Cost minimization is a tool used in pharmacoeconomics

    • One of CBA purposes is to provide a basis for comparing actions

    • CUA measures outcomes in QALYs and DALYs

    • CBA needs more time than CUA and CEA

    • CMA is used to compare costs of alternative therapies that have identical clinical effectiveness

    Correct Answer
    A. CBA needs more time than CUA and CEA
    Explanation
    The given statement is incorrect. CBA (Cost-Benefit Analysis) does not necessarily require more time than CUA (Cost-Utility Analysis) and CEA (Cost-Effectiveness Analysis). The time required for each type of economic evaluation depends on various factors such as the complexity of the analysis, availability of data, and the specific research question being addressed. Therefore, the statement contradicts the fact that CBA needs more time than CUA and CEA.

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  • 33. 

    One of these is NOT TRUE about Cost-utility analysis:

    • Combines life years saved with the quality of life during those years

    • Measures outcomes in QALYs and DALYs

    • Cost is measured in monetary units

    • Non of the above

    Correct Answer
    A. Non of the above
    Explanation
    The given answer "Non of the above" is correct because all of the statements about Cost-utility analysis are true. Cost-utility analysis does combine life years saved with the quality of life during those years, measures outcomes in QALYs and DALYs, and cost is indeed measured in monetary units. Therefore, none of the statements provided are false.

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  • 34. 

    The components of high quality care include all of these EXCEPT:

    • Adequacy

    • Efficiency

    • Effectiveness

    • Scientific -technical quality

    • Equity

    Correct Answer
    A. Equity
    Explanation
    Equity is not considered a component of high quality care. While adequacy, efficiency, effectiveness, and scientific-technical quality are all important aspects of delivering high quality care, equity refers to the fair and equal distribution of healthcare resources and services to all individuals, regardless of their socioeconomic status, race, or other factors. While equity is an important principle in healthcare, it is not specifically listed as a component of high quality care in this context.

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  • 35. 

    The method relatively common in Europe for paying hospitals is:

    • Salary

    • Per-diem

    • Per-case

    • Capitation

    • Charge-based

    Correct Answer
    A. Per-diem
    Explanation
    Per-diem payment is a method commonly used in Europe for paying hospitals. Under this payment system, hospitals are reimbursed a fixed amount for each day that a patient stays in the hospital. This method ensures that hospitals are compensated for the cost of providing care on a daily basis, regardless of the specific treatments or procedures performed. It provides hospitals with a predictable and stable source of income, allowing them to manage their resources efficiently and plan for the long term.

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  • 36. 

    Desirable quality that when achieved ,results in equitable access and exposure to social , political and economic resources , this is known as:

    • Health equity

    • Legal barriers

    • Social gradiant

    • Social justice

    Correct Answer
    A. Social justice
    Explanation
    Social justice refers to the desirable quality of achieving equitable access and exposure to social, political, and economic resources. It aims to ensure fairness and equality in society by addressing and eliminating systemic barriers and inequalities. By promoting social justice, individuals have equal opportunities to participate in society and access resources that contribute to their well-being and overall quality of life.

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  • 37. 

    Maslow's hierarchy of needs includes:

    • Esteem

    • Morality

    • Physiological

    • A+C

    • All of the above

    Correct Answer
    A. All of the above
    Explanation
    Maslow's hierarchy of needs is a theory that categorizes human needs into different levels. The hierarchy includes physiological needs, which are the basic biological requirements for survival such as food, water, and shelter. Esteem needs refer to the desire for self-esteem, respect from others, and recognition. Morality needs refer to the need for a sense of right and wrong and ethical behavior. Therefore, the correct answer is "All of the above" as Maslow's hierarchy of needs includes all these aspects.

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  • 38. 

    All of these are TRUE about "Fee for service" method of paying for health care providers EXCEPT:

    • Professionals receive a fee for each service they provide

    • The service for which payment is made can be separated services

    • Based on charges that are set either by professionals or the patient

    • It's similar to "Charge-based payments method for paying hospitals"

    • Non of the above

    Correct Answer
    A. Based on charges that are set either by professionals or the patient
    Explanation
    The "Fee for service" method of paying for health care providers is not based on charges that are set either by professionals or the patient. Instead, the fees are typically set by the health insurance company or government program. This method involves professionals receiving a fee for each service they provide, and the service for which payment is made can be separated services. It is different from the "Charge-based payments method for paying hospitals."

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  • 39. 

    Health care cost is raising so quickly due to:

    • Mechanization of health care services

    • Expansion in medical knowledge

    • Increasing the role of private sector and social insurance

    • A+B

    • All of the above

    Correct Answer
    A. A+B
    Explanation
    The correct answer is A+B because the mechanization of health care services has led to the development of advanced medical technologies and equipment, which are often expensive to acquire and maintain. Additionally, the expansion in medical knowledge has resulted in the discovery of new treatments and therapies, which can also be costly. Furthermore, the increasing role of the private sector and social insurance has led to higher prices for health care services, as these entities aim to make a profit or cover their costs. Therefore, all of these factors contribute to the rising health care costs.

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  • 40. 

    One of the following in contribution of economics in health care services:

    • Reduce the proportion of uneducated people

    • Improve the quality of the life

    • Determination of the consequences of a particular choice

    • All of the above

    Correct Answer
    A. Determination of the consequences of a particular choice
    Explanation
    The correct answer is "determination of the consequences of a particular choice." This is because economics plays a crucial role in analyzing the costs and benefits of different healthcare decisions. By considering the potential outcomes and impacts of various choices, economics helps in making informed decisions that can optimize the allocation of resources and improve the overall efficiency and effectiveness of healthcare services.

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  • Current Version
  • Mar 21, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Jan 01, 2017
    Quiz Created by
    Harmony
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