7/22/25, 3:33 PM
EC248 FINAL EXAM QUESTIONS AND ANSWERS WITH
COMPLETE SOLUTIONS VERIFIED LATEST UPDATE
GRADED A++ 2025/2026
Terms in this set (108)
Health care sector is one of the largest sectors in most OECD
countries.
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.
1/69
,7/22/25, 3:33 PM
What statement best b) Aspects of society that have an important
describes a health bearing on the health of individuals and the
system? population.
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.
2/69
,7/22/25, 3:33 PM
Rather than aggregate d) Answers a. and b. are correct.
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) Answers a. and b. are
correct.
Public sector financing b) 70%
covers about of health
care expenditures in
Canada.
a) 100%
b) 70%
c) 50%
d) 30%
3/69
, 7/22/25, 3:33 PM
The following is not a d) Increases in the health care covered under public
driver of increased health insurance
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
How does Canada d) relatively low
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
4/69
EC248 FINAL EXAM QUESTIONS AND ANSWERS WITH
COMPLETE SOLUTIONS VERIFIED LATEST UPDATE
GRADED A++ 2025/2026
Terms in this set (108)
Health care sector is one of the largest sectors in most OECD
countries.
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.
1/69
,7/22/25, 3:33 PM
What statement best b) Aspects of society that have an important
describes a health bearing on the health of individuals and the
system? population.
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.
2/69
,7/22/25, 3:33 PM
Rather than aggregate d) Answers a. and b. are correct.
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) Answers a. and b. are
correct.
Public sector financing b) 70%
covers about of health
care expenditures in
Canada.
a) 100%
b) 70%
c) 50%
d) 30%
3/69
, 7/22/25, 3:33 PM
The following is not a d) Increases in the health care covered under public
driver of increased health insurance
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
How does Canada d) relatively low
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
4/69
