This quiz works best with JavaScript enabled. Home > Finance > Economics > Health Economics > Health Economics – Quiz 3 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Health Economics Quiz 3 (7 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Decline in mortality and fertility from the high rates characteristics of modern and high-income societies.Used to indicate the groups or services or institutions in the community and the country concerned with the health protection of the population. A) Health Sector. B) Health System. C) Health Agency. D) Health. Show Answer Correct Answer: A) Health Sector. 2. It refers to how much buyers desire (quantity) of a product or service. A) Supply. B) Economics. C) Law of Demand. D) Demand. Show Answer Correct Answer: D) Demand. 3. True or false:equity is a synonym for fairness A) True. B) False. Show Answer Correct Answer: A) True. 4. Ho do you measure consequences of the intervention in Cost-Utility Analysis A) Quality of life. B) Currency (monetary value). C) QALYs or DALYs. D) Single natural clinical unit. Show Answer Correct Answer: C) QALYs or DALYs. 5. What is the relationship between price and quantity demanded according to the law of demand and supply? A) As price increases, quantity demanded increases. B) As price increases, quantity demanded decreases. C) As price decreases, quantity demanded decreases. D) As price remains constant, quantity demanded decreases. Show Answer Correct Answer: B) As price increases, quantity demanded decreases. 6. Which of these is NOT a possible perspective of analysis A) Healthcare sector. B) Third Payer. C) Other government sectors. D) National Perspective. Show Answer Correct Answer: D) National Perspective. 7. Occurs whenever the price or quantity is not equal to P* or Q*. A) Excess Supply. B) Equilibrium. C) Balance. D) Disequilibrium. Show Answer Correct Answer: D) Disequilibrium. ← PreviousRelated QuizzesEconomics QuizzesFinance QuizzesHealth Economics Quiz 1Health Economics Quiz 2 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books