Private market is the dominant market

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Questions

1. One of the characteristics of the U.S. healthcare system is that the private market is the dominant market.

true or false

2. Health economists deal not only with the nature and production of health and the market for health but also with the micro-evaluation of interventions.

true or false

3. Health care is an input. Outputs are provider services, medical equipment, and pharmaceuticals.

true or false

4. From the perspective of economists, patients should consume all possible medical benefits.

true or false

5. The medical model of health focuses on the prevention of disease while the wellness model of health focuses on the diagnosis and treatment of disease.

true or false

Reference no: EM133354098

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