HEALTH ECONOMICS
Authored by Gnanamani M
Social Studies
University
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
1.______ is a branch of economics concerned with issues related to production and consumption of health and health care.
a) Welfare Economics
b) Public Economics
c) Health Economics
d) Macro Economics
2.
MULTIPLE SELECT QUESTION
10 sec • 1 pt
Under which market form is a firm a price-taker
perfect
monopolistic
monopoly
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Two goods that are used jointly to provide satisfaction are called
Inferior goods
Normal goods
Complementary goods
Substitute goods
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Inferior goods are those for which demand increases as ------------
Income decreases
Income increases
The price of a substitute rises
The price of a substitute falls
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Globalization of Indian economy was initiated in the year ?
1981
1985
1991
1995
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What effect is working when the price of a good falls and consumers tend to buy it instead of other goods.
Income effect
Substitution effect
Price effect
complementary effect
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