Economic evaluations are used to make systematic decisions concerning

Question 6 options:

the number of successful surgeries.

the returns to scale.

the market-clearing price.

the allocation of resources.

Question 7(5 points)

In any viewpoint, the costs include the _______ costs of the course of action considered.

Question 7 options:

sensitive and public

differential and nondifferential

risk and risk-free

direct and indirect

Question 8(5 points)

Which of the following statements are true?

Question 8 options:

Few evaluations should have any degree of uncertainty or methodological controversy.

A comparison of alternatives must be made at several points in time.

Evaluators rarely rework the analysis by employing different assumptions or estimates.

Many users of evaluation analyses are interested in the bottom line.

Question 9(5 points)

Which of the following questions should be asked to confirm a good empirical research study?

Question 9 options:

Was a dynamic and subjective question formed?

Did a change in profits arise out of an unanticipated change in market conditions?

Were costs and outputs valued credibly?

Did inputs vary in quantity during a specified time period?

Question 10(5 points)

______ analysis is a means to determine the robustness of the evaluation recommendations under circumstances where the estimates are controversial or uncertain.

Question 10 options:

Regression

Sensitivity

Selective

Retrospective

Question 11(5 points)

Which question do economic evaluations answer to provide an objective set of criteria for making choices among alternatives given scarce resources?

Question 11 options:

"Was a sensitivity analysis performed?"

"Are costs and outputs valued credibly?"

"Is there evidence of program effectiveness?"

"Are health services worth doing given limited resources?"

Question 12(5 points)

Which of the following is considered a measurable cost borne by participants?

Question 12 options:

Taxes imposed on goods and services at each stage of production

The actual use of services by consumers

Time lost from work or leisure

The value of time required to conduct an activity