In Health Care,the Problem of Adverse Selection Refers to

question 22

Multiple Choice

In health care,the problem of adverse selection refers to

• A) the only people signing up for insurance being those who expect to make claims.
• B) the only people signing up for insurance being those who do not expect to make claims.
• C) healthy and sick people being observationally equivalent.
• D) supply and demand being interdependent.
• E) doctors having more information than their patients.

Recognize the function of vacancy and skills inventory models in human resources planning.

Comprehend the significance of internal versus external supply of human capital.

Understand the concepts and applications of skills gaps, skills inventory, and management inventory.

Identify different mathematical models (simulation, linear programming) used in HR for forecasting and planning.

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Definitions:

Counter Accum

It usually refers to a register in PLC programming that accumulates counts, often used to track occurrences of specific events or operations over time.

RES Instruction

A command in programming languages that resets a specific variable, counter, or bit to its default state.

Reset To Zero

The action of setting a numerical value or count back to zero in systems, circuits, or software applications.

CTD

Stands for Countdown Timer Delay, often used in electronics and programming to introduce a delay before an action is executed.