Question

1. Rise in costs of healthcare is a bad thing if:

a. rising costs are due to rising prices

b. rising costs are due to rising demand

c. It is bad anyway

d. none

2. 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.

3. Based on Arrow's impossibility theorem:

a. High 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. Everything is impossible

4. Which one is an option for health insurance market?

a. Universal Public Insurance

b. Compulsory Insurance

c. Employer-sponsored insurance

d. all the above.

Answer 1