ECON 422 Summer 2020: Week 2 Test: WK2. Test, Graded A
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How would you explain the concept of a QALY? When is it appropriate to use QALYs instead of simply improved life expectancy as the outcome measure in an economic evaluation? What does it mean to be o... n the "flat of the curve" in health care provision? Why do some argue that the United States is on the flat of the curve? Why is this phenomenon not an issue in a developing country? The United States has the highest medical care spending of any country, and some of the worst health care outcomes of the highly-develop countries. At first glance, it may seem as though the health care system in the US is broken. However, what other explanation for these seemingly contradictory facts did we discuss? Give examples. [Show More]
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