incorporating or subtracting "positive benefits already available even with no intervention" FROM the treatments with positive costs

	a.	will yield the correct ACER
	b.	is not needed in computing the correct ICER
	c.	will significantly affect the ICER computations
	d.	will not affect the ICER computations
	e.	a and d

Incorporating insurance in a Cost effectiveness frontier (CEF) graph will

	a.	Shift the CEF to the left
	b.	Shift the CEF to the right
	c.	not affect the position of the CEF
	d.	will shift the CEF to the left first then to the right for the higher cost treatments

How do we turn a Cost Effectiveness graph with a Cost Effectiveness Frontier into Cost Benefit Analysis?

	a.	by adding insurance
	b.	by adding indifference curves

c. by adding utility cuves

d. b and c

1. For 2- 5

Given a set of 3 medical goods, their quantities (Gs), and prices (Ps) for 3 years, BASE YEAR = Year 3:

2. Compute the Index for Year 3

	a.	102
	b.	104
	c.	100
	d.	90
	e.	none of the above

3 points

QUESTION 3

1. What is the Year 1 Index?

	a.	102
	b.	104
	c.	100
	d.	90

3 points

QUESTION 4

1. What is the year 2 index?

	a.	102
	b.	104
	c.	100
	d.	90

3 points

QUESTION 5

1. Using the computed indexes, Did prices increase or decrease from Year 2 to Year 3? What is the growth rate (or inflation rate)?

	a.	increase; - 3.9%
	b.	increase; 2%
	c.	decrease; - 3.9%
	d.	decrease; - 2%
	e.	decrease; 3.9%

3 points

QUESTION 6

1. Given 4 treatments, their survival rates, and cost:

Treatment Z: 50%, $3,000

Treatment Y: 60%, $4,000

Treatment X: 66%, $5,000

Treatment W: 72%, $4,500

no treatment gives a survival rate of 2%

Is there an OBVIOUSLY DOMINATED treatment? IF yes which one?

	a.	No; None
	b.	Yes; X
	c.	Yes; Y
	d.	Yes; Z
	e.	Yes; W

3 points

QUESTION 7

1. Which Treatment dominates your answer in the previous question?

	a.	no Treatment was dominated
	b.	W
	c.	X
	d.	Y
	e.	Z

10 points

QUESTION 8

1. For 6-9: What is the ACER for Treatment Y?

	a.	$6,666.67
	b.	$6,896.55
	c.	$6,000
	d.	$6,250

3 points

QUESTION 9

1. What is the ICER from Treatment Z to W?

	a.	$6,000
	b.	0.58
	c.	0.6
	d.	$4,000
	e.	$6,818.18

3 points

QUESTION 10

1. What is the marginally dominated treatment?

	a.	Z
	b.	Y
	c.	W
	d.	X
	e.	no treatment is found to be marginally dominated