Please choose the best answer for these multiple choice questions;

An example of imperfect medical market is ;

Externalities

Access to Care

or Third Party Payers

2.An example of Cost- Effectiveness Analysis is

Cost Benefit Analysis

Measuring cost and effectiveness

or Discount Rate

One of Fuchs insight to healthcare spending growth is:

-Marginal analysis is the economic way of thinking about the optimal allocation of resources

-Supply and demand serves as the foundation for all economic analysis

-Link exist between high spending and high input prices