Indicate whether each of the following statements is true or
Indicate whether each of the following statements is true or
A. True/False Explain. Indicate whether each of the following statements is true or false and then e Show more A. True/False Explain. Indicate whether each of the following statements is true or false and then explain why you think this. Include in your explanation any pertinent institutional details and economic reasoning (including appropriate graphs and equations). Please provide concise clear answers with minimal irrelevant detail. Explanation is required. 1. According to the Dartmouth Atlas of Healthcare most of the variation in Medicare spending across different regions in the US can be explained by the underuse of important preventative care services in many areas of the country. 2. Small area variations in healthcare spending are generally regarded as an indication that there is some source of inefficiency in healthcare delivery. True or false: if the health production function does not have diminishing marginal returns then geographic variations in health spending could actually be an efficient outcome. 3. An empirical observation that led to the development of the supplier-induced demand hypothesis is that when the supply of physicians in a market increases the price also increases which defies the basic rules of supply of demand. 4. Proposed policies to change the definition of full-time employment in the Affordable Care Act to 40 hours a week would cause more people to gain employer-provided insurance under the ACA compared to the current law. 5. In consumer-directed health insurance plans it is possible to have low levels of deadweight loss from moral hazard while also having low coinsurance rates and no supply-side restrictions. 6. State policies that mandated the release of physician report cards which contained information about the risk-adjusted mortality rates of the patients of cardiac surgeons were greatly beneficial to consumers by allowing them to more efficiently search for high quality surgeons Show less
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