EC248 FINAL EXAM ACTUAL 2025/2026 WITH CORRECT ANSWERS

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EC248 FINAL EXAM ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS Health care a) is the most important determinant of health in OECD countries. b) is the most expensive determinant of health in OECD countries. c) spending continues to grow rapidly in most OECD countries. d) sector is one of the largest sectors in most OECD countries. - Answer -sector is one of the largest sectors in most OECD countries. What statement best describes a health system? a) Aspects of society that have an important bearing on the health care of individuals and the population. b) Aspects of society that have an important bearing on the health of individuals and the population. c) Aspects of society that have an important bearing on the health care at the population level. d) Aspects of society that have an important bearing on health at the population level. - Answer -b) Aspects of society that have an important bearing on the health of individuals and the population. Rather than aggregate health expenditures, we often look at real expenditures per capita. This calculation requires us to deflate the aggregate expenditures by: a) the purchasing power of the currency. b) the size of the population. c) the cost of health care. d) Answers a. and b. are correct. - Answer -d) Answers a. and b. are correct. Need assistance on Online classes, Exams & Assignments? Reach out for instant help!! Full Course Assistance, Plagiarism-free Essay Writing, Research Paper, Dissertation, Discussion Posts, etc…. Confidential & Secure services. Tutors are available for all subjects! Email now at: tutorjean01@gmail.com Public sector financing covers about of health care expenditures in Canada. a) 100% b) 70% c) 50% d) 30% - Answer -b) 70% The following is not a driver of increased health care expenditures: a) Increases in the quantity of health care b) Increases in the quality of health care c) Increases in the price of health care d) Increases in the health care covered under public insurance - Answer -d) Increases in the health care covered under public insurance How does Canada compare to other OECD countries regarding the proportion of health care expenditures covered by public financing. a) the highest b) relatively high c) about the same d) relatively low - Answer -d) relatively low The principles of the Canada Health Act include all EXCEPT a) Universality b) Portability c) Equity d) Public Administration - Answer -c) Equity Need assistance on Online classes, Exams & Assignments? Reach out for instant help!! Full Course Assistance, Plagiarism-free Essay Writing, Research Paper, Dissertation, Discussion Posts, etc…. Confidential & Secure services. Tutors are available for all subjects! Email now at: tutorjean01@gmail.com