HEALTH ECON QUIZ

Question 1

Are activities that are undertaken “with the objective of restoring, preserving, or enhancing the physical and mental wellbeing of people. These activities may be aimed at the relief of pain, the removal of disabilities, the restoration of functions, the prevention of illness and accidents or the postponement of death.

Answer 1

Health Care

Question 2

Is the interrelated ways in which a given society organizes available resources for the maintenance and improvement of the health of its people.

Answer 2

Health Care System

Question 3

The components of the health care system which delivers a variety of health programs and provides health care to individuals and communities.

Answer 3

Educational institutions
The workplace
Communities
The health sector
Health infrastructure

Question 4

They are considering the cost and benefit in efficiently allocating their resources to achieve high level of satisfaction.

Answer 4

Rational Consumers

Question 5

Addition on the extra satisfaction that you derive from consuming goods and availing the services.

Answer 5

Marginal Benefit

Question 6

Measure of the change in costs associated with increasing or decreasing output by one, and is derived by calculating the change in total costs for that one unit.

Answer 6

Marginal Cost

Question 7

Is the difference between marginal benefit and marginal cos

Answer 7

Marginal Gain or Loss

Question 8

Is the change in the total cost divided by the change in the volume of treatment.

Answer 8

Marginal Cost

Question 9

Is the change in total benefits divided by the change in the volume of treatment.

Answer 9

Marginal Benefit

Question 10

They uses marginal productivity of inputs in determining the cheapest method of production. They have to determine the best combination of capital (machines, health equipment and devices) and manpower (personnel) at the lowest possible cost.

Answer 10

Producers

Question 11

___________________ of a particular production process is the ratio of the value of its output to the value of the input resources. The choice of techniques depends upon the relative prices or costs and the quantity of products to be produced. The aim of the firm is to produce as cheaply and efficiently as possible.

Answer 11

Economic Efficiency

Question 12

The decision on how to distribute the supply of commodities depend largely on the price and income of the consumer. Health care system primarily relies on the quality of the commodity, not prices, in determining the quantity supplied.

Answer 12

Market Economy

Question 13

The government directly conducts, regulates and controls the manner of providing health care needs of its people. Their productive resources are allocated according to the availability and need of the people.

Answer 13

Communist Economy

Question 14

When the private markets cannot provide the health care needs of the people, the government intervenes to fill it up. When a person desperately needs medical treatment, but
does not have health insurance, he can seek medical care in any government-owned hospitals. Hospitals run by the government get their funds from people’s taxes.

Answer 14

Mixed Economy

Question 15

They represents genetic predisposition to disease, environmental influences and infectious disease.

Answer 15

Risk Factors

Question 16

It represents factors associated with how people behave and, crucially, invest (or disinvest) in their health by what they consume and in the activities they undertake.

Answer 16

Household Economy

Question 17

It comprises those goods and services consumed principally to improve
health status.

Answer 17

Health Sector

Question 18

It represents the meta-influences of government structures, markets and their influence on economic well-being.

Answer 18

National Economy

Question 19

There are a wide variety of international influences directly upon risk factors for health, including:

Answer 19

An increased exposure to infectious disease through cross-border transmission of communicable diseases
Marketing of unhealthy products and behaviors
Environmental degradation.

Question 20

It is generally positively associated with increased life expectancy, although increased wealth often brings with it an increase in many chronic illnesses.

Answer 20

Economic Prosperity

Question 21

Important international legal and political frameworks that underpin much of these activities.

Answer 21

Bilateral, regional and multilateral trade agreements

Question 22

Refers to the general conditions in which people live and work and which influence their ability to lead healthy lives or not.

Answer 22

Social Determinants of Heath

Question 23

Social Determinants of Health (Sachs 2001)

Answer 23

Employment
Nutrition
Environmental conditions
Education

Question 24

Is any disease that passes between
people or animals. People sometimes refer to it as “infectious” or “transmissible” diseases. Pathogens, including bacteria, viruses, fungi, and protists, cause communicable diseases.

Answer 24

Communicable Diseases

Question 25

It is also known as chronic diseases, tend to be of long duration and are the result of a combination of genetic, physiological, environmental and behaviors factors.

Answer 25

Noncommunicable Diseases

Question 26

Main types of NDCs

Answer 26

Cardiovascular diseases (like heart attacks and stroke)
Cancers
Chronic respiratory diseases (such as chronic obstructive pulmonary
disease and asthma)
Diabetes.

Question 27

Is the resumption of activities in different sectors in light of the existing threat of COVID-19 after the Extended Community Quarantine is lifted.

Answer 27

New Normal

Question 28

It was created to assess the impact of COVID-19 and the Enhanced Community Quarantine, and provide recommendations to stimulate the economy and adapt to the “new normal”.

Answer 28

The Interagency Task Force Technical Working Group on Anticipatory and Forward Planning (IATF-TWG for AFP)

Question 29

A decrease in the price of physician services causes the consumer to substitute away from the relatively higher-priced medical goods, such as hospital outpatient services and purchase more physician services; hence, the quantity demanded for physician services increases as price decreases.

Answer 29

Substitution Effect

Question 30

a lower price also increases the real consumer purchasing power. The quantity demanded for physician services increases when purchasing power increases. As price falls, the real income and quantity demanded rises.

Answer 30

Income Effect

Question 31

Factors shifting the demand curve inward.

Answer 31

Decreased consumer income or insurance coverage
Increased consumer opportunity cost
Decreases in price of substitute
Increases in the price of complement or events that reduce the quantity demanded