Health Economics and the Expansion of the Healthcare Sector
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Questions and Answers

True or false: Health economics studies the allocation of resources to and within the health sector.

True

True or false: Health economics helps to understand difficult trade-offs involved in organizing the allocation of healthcare resources.

True

True or false: Economics does not apply to health care.

False

True or false: Demand response for mental care is similar to economic curves with downward sloping.

<p>True</p> Signup and view all the answers

True or false: Healthcare resources are abundant and easily distributed.

<p>False</p> Signup and view all the answers

Explain the relevance of health economics in the healthcare sector.

<p>Health economics provides concepts and tools to understand difficult trade-offs involved in organizing the allocation of healthcare resources, which may help to improve health policy and health system designs.</p> Signup and view all the answers

What does health economics study?

<p>Health economics studies the allocation of resources to and within the health sector.</p> Signup and view all the answers

What is the demand response for mental care?

<p>The demand response for mental care refers to the behavior of individuals facing higher prices, who demand less care.</p> Signup and view all the answers

Why is health care different?

<p>Health care is different because healthcare resources are scarce and need to be produced and distributed.</p> Signup and view all the answers

What are the implications of health care being different?

<p>The implications of health care being different include the need to understand the trade-offs involved in resource allocation and the design of health policies and systems.</p> Signup and view all the answers

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