3.Consider a utility function for medical care visits. Diminishing marginal utility of visits is consistent with:

Group of answer choices

a. Increasing total utility as the number of visits increases.

b. Only negative marginal utility from additional visits.

c. Is not possible since each medical visit provides value to the patient.

d. Is due to the rising price of medical care in the US.

14. According to Carol Propper, technology has contributed to the obesity "crisis" by:

Group of answer choices

a. Reducing the price of meal preparation.

b. Reducing the time for meal preparation.

c. Making food products available through the internet.

d. a & b.

11. According to Uwe Reinhardt, the higher per capital health care spending by the US compared to other developed countries primarily reflects.

Group of answer choices

a. The aging of the US population.

b. The greater use of medical technology in the US.

c. The high prices paid to medical care providers.

d. The unsustainability of Medicare.

12. Due to an unanticipated decline in tax revenues, the community of Clearsky, New Hampshire has been required to revisit its budget allocation for health care. At a town meeting, community members voted to eliminate the town's highly regarded breakfast program for its limited number of poor pre-age school children in order to ensure that adequate funds would be available so that its sizeable elderly population could receive flu shots. The decision by community members reflects:

Group of answer choices

a. An egalitarian distributional ethic.

b. A Rawlsian distributional ethic.

c. A libertarian distributional ethic.

d. A utilitarian distributional ethic.

15. Rationing of health care services:

Group of answer choices

a. Is not uncommon in in the US.

b. Reflects a desire to obtain value for our health care dollar.

c. Is not an issue if individuals can pay for costly health care services with their own income.

d. All of the above.

16. According to Kenneth Arrow, the fact that health insurance is not made available to all individuals reflects:

Group of answer choices

a. Poor advertising by insurance companies.

b. The low income of some potential insurance enrollees.

c. Poor information regarding the health risk of certain groups.

d. The high price of health insurance.

17. According to Kenneth Arrow, the agency relationship between a patient and a provider:

Group of answer choices

a. Reflects the problem of moral hazard.

b. Depends on patients trusting their physicians.

c. Arises because individuals cannot find an appropriate physician.

d. All of the above.

18. The explosion in the price of the Epi Pen reflects:

Group of answer choices

a. The fact that insurers are willing to pay the high price.

b. Lack of competition in the production of Epi Pens.

c. Profit-seeking behavior by Epi Pen producers.

d. All of the above.

20. According to Mark Pauly, the "excess burden" of using taxes to finance medical care spending reflects:

Group of answer choices

a. The fact that raising a dollar in tax revenue may "cost" more than a dollar.

b. The fact that such taxes are difficult for families to afford.

c. The fact that new software is required to account for the new taxes.

d. The fact that providers face greater scrutiny when using public funding to treat patients.