The accompanying diagram depicts the relationship between health status and medical care spending for a particular country. Assume the current spending level is S1 on TP1. Which statement below is false? Tlealth status HS] - TPZ HSo TP Medical care S1 S2 spending A greater improvement in health can be done by shifting from TP1 to TP2 than by increasing spending to S2 on TP1. S1 levels of spending are often described as spending on the flat of the curve. The reason for the curvilinear shape is the law of diminishing returns. C If consumers start making better lifestyle decisions, this will cause TP1 to shift to TP2. ONone of the above statements are false.The concept of quality-adjusted life year (QALY): O is a multidisciplinary approach to measuring health status. O has little application to medical decision making. O is used extensively in the United States to evaluate health care programs. is used extensively to evaluate medical care resource allocation within government-run programs on fixed budgets, especially in Europe. is given an arbitrary value when applied to a real world