Which of the Following Is True of QALYs

question 4

Multiple Choice

Which of the following is true of QALYs?

• A) A QALY may be interpreted as a year of life at full health compared to immediate death.
• B) QALYs take into account the number of life-years saved.
• C) In cost-effectiveness analysis, the cost of an additional QALY of less than $50,000 is often considered cost effective in the United States.
• D) All of these are correct.

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Definitions:

Family Security

The state of being free from danger or threats regarding a family's health, well-being, and financial position, ensuring a stable environment.

Individualism View

A perspective that emphasizes the importance of personal freedom and self-reliance, often contrasting with collectivist approaches.

Self-interests

Refers to actions or decisions motivated by personal gain, advantage, or benefit, often considered in economic and behavioral analyses.

Terminal Values

Terminal values refer to the end goals in life that individuals consider most important and desirable, such as happiness, wisdom, or freedom.