In the investment model view, which of the following is conditional on both the cost of health capital and the rate of depreciation of health stock? A. Demand for health B. Production of health C. Supply of health D. Quality of health
Q: What are some of the ways a company in the healthcare industry could improve its long-term planning…
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- Education is a non-health social determinant of health (SDOH). A policy needs to be introduced to address the lack of school funding which is affecting graduation rate. What would be the steps in the policy analysis?a. Carefully explain why the basic framework of supply and demand is not sufficient to analyze the market for health care. b. “The consumption function and budget constraints explained are useful elements in understanding the microeconomic approach to health spending.” With the use of appropriate graphs and mathematical expressions, critically evaluate this statement.What are some of the ways a company in the healthcare industry could improve its long-term planning bystudying population trends?
- what is the relationship of macroeconomics to health economics? give the importance of its relationship.1. After the completion of the Associate Degree (first 2 years of college education), you have a chance to move on for further study in a top-up program (last 2 years of college education). How does the completion of the top-up program affect your health stock? Discuss with the help of a MEI diagram.Please no written by hand Regarding the paper: How and why US health care differs from that in other OECD countries by Victor R. Fuchs In 6-12 paragraphs, explain three (or more) reasons the paper is or may be correct and three (or more) reasons the paper may be wrong. For each reason pro and con, give a counter argument. For one pro counterargument and one con counter argument, give a counter-counter argument. That is, you should have three pros, three counters to pros, and one counter-counter to one of the counter arguments to the pros. Same with cons: three cons, three counters, and one counter-counter.You answers should be based in economic reasoning and refer to the concepts of class such as utility, theory of insurance, cost-effectiveness, adverse selection, moral hazard, stake-holders and social movements, etc. Your answers should give details for each pro, con, and counter such that the reader will understand what each point means and why it is important.
- Benefits are payable in a Critical Illness Plan for which of the following situations or illnesses? A.Suicide or attempted suicide B.Leukemia C.Drug addiction D.Accidental injuryWhich one among these may not be a reason that is often cited as why physician service may not be explained by standard economic analysis? Group of answer choices 1.Individuals have little knowledge about the medical care needed when faced with a health problem. 2. Higher income people often pay higher fees in any geographic area. 3.Many physicians generally compete for patients. 4.Variability in physician’s fees within the same small geographic areas.Draw a health production function with individuals receiving some health-producing intervention as inputs and health benefits as outputs that show declining returns in output. What does “declining returns” imply about the marginal health benefit per person served/treated along this production function? How does this relate to “specialization of inputs”? How about “selection to treatment”?
- What are factors accelerating modern hospitals to become important in providing health care?Which of the following is not a methodology used to determine the amount of necessary life insurance?a. The Human Life Value Method.b. The Financial Needs Method.c. The Ways and Means Method.d. The Capitalization of Earnings Method.1. What is the human capital approach to health and education? What do you think are its most important strengths and weaknesses?2. What are the consequences of gen-der bias in health and education? Can a large gap between male and female literacy affect development? Why?
