Multiple Choice Questions: 1. ____________ spends more money on health care per person than any other industrialized

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Multiple Choice Questions:
1. ____________ spends more money on health care per person than any other industrialized nation.
a. Canada
b. The United States
c. Sweden
d. France
e. Germany
2. Spending on health care in the United States over the last several decades has
a. Increased significantly.
b. Decreased significantly.
c. Remained steady.
d. Increased slightly.
e. Decreased slightly.
3. Health care
a. Can be provided to everyone without requiring sacrifices.
b. Improves the productivity of workers.
c. Can extend the number of years a person is able to participate in the labor force.
d. Is characterized by all of the above.
e. Is characterized by b and c only.
4. Over the last several decades, the price of medical care has ____________, while the utilization of health care services has ____________.
a. Increased; increased
b. Increased; decreased
c. Decreased; decreased
d. Decreased; increased
5. Evidence suggests that the demand for health care
a. Is relatively elastic.
b. Is relatively inelastic.
c. Has decreased over the last decade.
d. Is characterized by both a and b.
e. Is characterized by both b and c.
6. Which of the following statements about health insurance in the United States is true?
a. Most health insurance policies in the United States are sponsored by the government.
b. Most health insurance policies in the United States are sponsored through employers.
c. Over 80 million Americans have no health insurance.
d. Only 60 percent of the U.S. population is covered by some kind of medical insurance policy.
e. Both c and d are correct.
7. The safety net in the U.S. health care system is that
a. Anyone without private insurance coverage is automatically covered by Medicaid.
b. All employers are required to offer employees basic health insurance coverage.
c. Many of the uninsured are able to receive care, for which the cost is often shifted to other health care payers.
d. Physicians are required to provide free services in public clinics to low-income patients in order to renew their medical licenses.

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Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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