Since health care expenditures in many poor African countries such as Ghana average about $12 per person per year, there is no misallocation of resources. True False
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Since health care expenditures in many poor African countries such as Ghana average about $12 per person per year, there is no misallocation of resources.
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- improvement in technology usually result in lower cost of production or new and improved consumer goods and services .Assume that an improvement in medical technolgy result in an increase in life expectancy for people 65 years and older . How would this technolgical advance be likely to affect expenditure on health care?How many people are there in the world today? What fraction of them live in high-income developed economies? What fraction of total health expenditures is accounted for by high-income countries?Is Canadian government spending on health care a direct expenditure or a transfer payment? How can you tell?
- Evaluate the economic impacts of adopting a universal healthcare system in a country with a predominantly private health insurance model. Consider the effects on government spending, healthcare accessibility and quality, labor market dynamics, and overall economic growth.How can extensive government intervention influence health economicsgive two strategies that will help make Canadian health care systems more inclusive and equitable especially to Indigenous and other populations that are economically and socially marginalized.
- Do countries with national health insurance programs have lower average medical costs than the United States? Is cost of care correlated with quality of care?Which of the following is the most accurate statement regarding the problem with using life expectancy as a measure of health? Though there used to be a strong relationship between income and life expectancy, these differences have all but disappeared with the spread of modern medicine to even the poorest countries. Increases in life expectancy in both developed and developing countries are driven by improvements in old- age health, so we do not get an accurate picture of child mortality. Life expectancy gives you the average for a country, but overlooks significant differences between groups within countries. Cross country differences in life expectancy at birth are much smaller than differences in life expectancy at age 15 since there are such large differences in old-age health across countries.