财政学英文测试题：TBChap009.docxVIP

Chapter 09 The Health Care Market ? Multiple Choice Questions? 1. When the average buyer of an insurance policy is likely to have higher risk than others in his class, this is known as?? A.? adverse selection. B.? moral hazard. C.? asymmetric information. D.? an HMO. ? 2. In 2013, the percentage of health care expenditures paid out-of-pocket was?? A.? 6.9. B.? 8.3. C.? 12. D.? 1.5. ? 3. Paying money in order to guarantee a certain level of compensation should an adverse event occur is?? A.? risk aversion. B.? risk smoothing. C.? risk pooling. D.? risk rating. ? 4. The current percentage of Americans over the age of 65 is?? A.? 18.2%. B.? 19.0%. C.? 13.0%. D.? 10.5%. ? 5. Health care markets may be inefficient because of?? A.? poor information. B.? adverse selection. C.? moral hazard. D.? all of these answer options are correct. ? 6. A third-party payment is?? A.? made by three people. B.? a payment that requires three signatures. C.? is made by someone other than the consumer. D.? is not used in the U.S. health system. ? 7. The government can address __________ by providing universal health insurance coverage and charging uniform premiums.?? A.? expected utility B.? asymmetric information C.? commodity egalitarianism D.? adverse selection ? 8. Marginal benefit and marginal cost must _______ to avoid a deadweight loss.?? A.? equal B.? never equal C.? decrease at an increasing rate D.? increase at an increasing rate ? 9. When people behave in ways that involve increased risk because they have insurance, this is known as?? A.? adverse selection. B.? moral hazard. C.? asymmetric information. D.? a HMO. ? 10. What percentage of African Americans are uninsured??? A.? 80 B.? 3 C.? 37 D.? 21 ? 11. Expected values?? A.? are calculated as the average value. B.? are calculated over all possible outcomes. C.? are weighted by the probability of an even occurring. D.? all of these answer options are correct. ? 12. Which one of these conditions is not a pa