HMGT435 Quiz 2 Health Economics Final Comprehensive Quiz

HMGT435 Quiz 2 Health Economics Final Comprehensive Quiz




Question 1

A situation in which having insurance causes people to take greater risks is called:

Question 1 options:

a) Adverse Selection

b) Moral Hazard

c) A mixed market

d) Asymmetric Information

Question 2

Public goods are:

Question 2 options:

a) Rival and excludable

b) Rival and nonexcludable

c) Nonrival and nonexcludable

d) Nonrival and excludable

Question 3

Which of the following statements is FALSE concerning comparative effectiveness research?

Question 3 options:

a) The objective is to improve health outcomes by developing and disseminating

evidence-based information to patients and providers.

b) Using clinical trials is the least costly and less time-consuming method for

conducting comparative effectiveness research