One of the Challenges for Development Economists Working in Health

question 15

Multiple Choice

One of the challenges for development economists working in health care is to figure out a way to:

• A) force doctors to practice good medicine.
• B) mandate through government policy that families must make better health care choices.
• C) increase the frequency of preventative medicine, such as immunizing children.
• D) have the government get more involved in production of necessary healthcare item.

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Definitions:

Market Rate

The prevailing price or cost of products, services, or labor in a competitive marketplace as determined by supply and demand.

Interest

The cost of borrowing money, typically expressed as a percentage rate over a period of time, or the return on investment for savings.

ITQs

Individual Transferable Quotas, a common tool in fisheries management allowing holders to catch a specific percentage of the total allowable catch.

Pacific Halibut

A large species of flatfish found in the North Pacific Ocean, highly valued for commercial fishing and cuisine.