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Health Economics Quiz | Health Economics Objective Type Questions and Answers

Free download in PDF Health Economics Objective Type Questions and Answers for competitive exams. These short objective type questions with answers are very important for Board exams as well as competitive exams. These short solved questions or quizzes are provided by Gkseries.
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(21) The National Health Accounts series has many important characteristics and aims to be comprehensive because it contains some | most | all of the main components of the health care system.
[A] some
[B] most
[C] all
[D] None
Answer: most
(22) Federal expenditures have decreased | increased between 1960 and 2000?
[A] decreased
[B] increased
[C] all
[D] None
Answer: increased
(23) In the year 2000, spending on health care services and products represented what percentage of the U.S. Gross Domestic Product?
[A] 13.2 percent
[B] 6.9 percent
[C] 10.3 percent
[D] 7.9 percent
Answer: 13.2 percent
(24) When we look at the various categories of expenditures (health care dollars) and the percentages of total dollars spent for each in the year 2000, program Administration and Net Cost consumes which percentage of the spending on health care?
[A] 22%
[B] 9%
[C] 32%
[D] 6%
Answer: 9%
(25) The year with the most number of uninsured Americans (in millions) was:
[A] 1995
[B] 1996
[C] 1997
[D] 1998
Answer: 1996
(26) The aim of economic evaluation is to ensure that the benefits from health care programs implemented are greater than the opportunity cost of such programs by addressing questions of ______ or _____. Select the correct answer from the list below.
[A] Interpretive efficiency or Inclusive efficiency
[B] Economic efficiency or Evaluative efficiency
[C] Allocative efficiency or Technical efficiency
[D] Informational efficiency or Requirements efficiency
Answer: Informational efficiency or Requirements efficiency
(27) Which of these statements about a FULL economic evaluation does not belong with the others?
[A] FULL health economic evaluations are easily identified because they consider costs.
[B] A FULL economic evaluation is the ONLY type of economic analysis that provides valid information on efficiency.
[C] A FULL economic evaluation requires the identification, measurement and valuation of BOTH costs and consequences.
[D] A FULL economic evaluation compares BOTH the costs and consequences (effectiveness; benefits) of TWO or more interventions.
Answer: A FULL economic evaluation compares BOTH the costs and consequences (effectiveness; benefits) of TWO or more interventions.
(28) This variability in the quality of published health economic evaluation studies has _____ implications for the identification and subsequent utilization of information on _____ in the health care decision-making process.
[A] insignificant | economics
[B] significant | systematic reviews
[C] no significant | retrieval
[D] significant | efficiency
Answer: significant | efficiency
(29) The following are a list of keywords. Which terms are correct MeSH terms used in retrieving economic evaluation studies?
[A] Cost-benefit analysis
[B] Expansion costs
[C] Costs and cost analysis
[D] A and C
Answer: Cost-benefit analysis
(30) The market value of a resource may not be an adequate reflection of opportunity cost. An example is voluntary care - the market price is zero but there is an opportunity cost in terms of the alternative ways in which the carer could have utilized the time. A value would have to be imputed, perhaps based on the salary of a paid caregiver. This concept is called _________?
[A] cost efficiency
[B] un-thinking acceptance of market values
[C] opportunity cost
[D] market price
Answer: market price
31 There are three basic types of economic evaluation methodology: (1) cost-effectiveness analysis (CEA); (2) ________; and (3) cost-benefit analysis (CBA) . What is the missing type? Select the correct answer from from the list below.
[A] insurance benefits analysis
[B] technical efficiency analyses
[C] clinical efficiency analysis
[D] allocative efficiency analysis
Answer: technical efficiency analyses
32 Economic evaluations are ______ which attempt to capture and summarize reality. (Fill in the blank with one of items from the list below).
[A] organisms
[B] facts
[C] graphics
[D] models
Answer: facts
33 Other related services costs relate to resources associated with community, ambulance and voluntary services, As with health care resources they may be categorized as staffing, ______, overheads, and capital.
[A] research
[B] consumables
[C] buildings
[D] heating
Answer: consumables
34 Cost benefit analysis is used to measure allocative efficiency. It can be measured either within the ________ or across other sectors of the economy.
[A] technical sector
[B] health care sector
[C] insurance sector
[D] socioeconomic sector
Answer: insurance sector
35 Two patients have different treatments for the same condition. In Year 1 person A has surgery costing $3000. Patient B begins drug treatment with drugs costing $1000. Over three years, and despite an inflation rate of 5%, by adjusting costs for the rate of inflation the two treatments are shown to be _________ in terms of resources used.
[A] much less efficient
[B] not as efficient
[C] more efficient
[D] equally efficient
Answer: more efficient
36 The four main areas of resource use which may require specific identification and measurement of costs are: health care resources; other related services; clients and their families; and ______ . (Fill in the missing area).
[A] time lost from usual activity
[B] randomized controlled trials
[C] clinical trials
[D] exercise
Answer: randomized controlled trials
37 Cost-utility analysis relates ____ to a multidemensional measure of effectiveness which takes into account the valuation of benefits; i.e., a measure of utility.
[A] costs
[B] allocative efficiency
[C] technical efficiency
[D] peer review
Answer: peer review
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