Which of the Following Statements Is NOT True About the Economics

question 18

Multiple Choice

Which of the following statements is NOT true about the economics of health care?

• A) The first substantial attempt to control Health Service Organization costs was the Prospective Payment system
• B) Payment models have incented the evolution of how Health Service Organizations deliver healthcare
• C) Basic scientific research grants are provided by the CDC
• D) Our aging population is driving up the cost of healthcare
• E) Excessive end of life care is an avoidable healthcare cost

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Definitions:

Exploitation

The act of treating someone unfairly in order to benefit from their work or the use of resources without just compensation.

Karl Marx

A 19th-century philosopher, economist, and sociologist best known for his critique of capitalism and the development of Marxist theory.

Economic Value

The worth of a good or service determined by the benefit it provides juxtaposed with the cost of its production or acquisition.

Supply Of Land

The total amount of land available for various purposes such as agriculture, construction, and conservation.