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EC248 Final Exam Questions and answers EXAM, SOLUTIONS (MULTIPLE CHOICES) 100% correct || LATEST UPDATE 2026

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EC248 Final Exam Questions and answers EXAM, SOLUTIONS (MULTIPLE CHOICES) 100% correct || LATEST UPDATE 2026

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EC248 Final Exam Questions and answers
EXAM, SOLUTIONS (MULTIPLE CHOICES)
100% correct || LATEST UPDATE 2026
Health care



a) is the most important determinant of health in OECD countries.

b) is the most expensive determinant of health in OECD countries.

c) spending continues to grow rapidly in most OECD countries.

d) sector is one of the largest sectors in most OECD countries. -CORRECTANSWER

sector is one of the largest sectors in most OECD countries.



What statement best describes a health system?



a) Aspects of society that have an important bearing on the health care of individuals

and the population.

b) Aspects of society that have an important bearing on the health of individuals and the

population.

c) Aspects of society that have an important bearing on the health care at the population

level.

d) Aspects of society that have an important bearing on health at the population level. -

CORRECTANSWER b) Aspects of society that have an important bearing on the health

of individuals and the population.

,Rather than aggregate health expenditures, we often look at real expenditures per

capita. This calculation requires us to deflate the aggregate expenditures by:



a) the purchasing power of the currency.

b) the size of the population.

c) the cost of health care.

d) CORRECTANSWERs a. and b. are correct. -CORRECTANSWER d)

CORRECTANSWERs a. and b. are correct.



Public sector financing covers about of health care expenditures in Canada.



a) 100%

b) 70%

c) 50%

d) 30% -CORRECTANSWER b) 70%



The following is not a driver of increased health care expenditures:



a) Increases in the quantity of health care

b) Increases in the quality of health care

c) Increases in the price of health care

,d) Increases in the health care covered under public insurance -CORRECTANSWER d)

Increases in the health care covered under public insurance



How does Canada compare to other OECD countries regarding the proportion of health

care expenditures covered by public financing.



a) the highest

b) relatively high

c) about the same

d) relatively low -CORRECTANSWER d) relatively low



The principles of the Canada Health Act include all EXCEPT



a) Universality



b) Portability



c) Equity



d) Public Administration -CORRECTANSWER c) Equity



In Canada, the supply of

physicians has

, a) decreased substantially over time resulting in the current shortage.



b) risen steadily over time but has not kept up to population growth.



c) mainly risen over time but practice behaviours have changed.



d) decreased sharply recently leading to the current shortage. -CORRECTANSWER c)

mainly risen over time but practice behaviours have changed.



Which statement best describes governance of the Canadian Health Care System?



a) Provinces/Territories have jurisdiction adhering to the guidelines of the Canada

Health Act



b) The Federal Government controls provincial/territorial actions with the Canada Health

Act



c) Federal/Provincial/Territorial governments share jurisdiction over the Health Care

System.

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