What are the three components of health as defined by the World Health Organization?   A. Physical, mental and social well-being   B. No diseases, sickness or illness   C. Positive health outcomes, low morbidity rates, and mental well-being   D. Physical, spiritual and mental well-being

ECON201 Macroeconomics - Associate Professor Jamie J. Muter 5) Chapter 6 Problem 4.14 Some firms offer their employees' health care plans with high deductibles, sometimes as much as $4,500 per year. What effect do high-deductible plans have on how often employees visit doctors or otherwise use health care services? If the federal government were to require that employer health care plans have deductibles that were no greater than $200 per year, would the employees in these plans be better off? Would the employers offering these plans be worse off? Briefly explain. I

2) Why isn't healthcare just another good? A. Healthcare is an investment B. Healthcare suffers of adverse selection C. Healthcare is a public good D. Healthcare involves asymmetric information E. All of the above

Which of the following is NOT one of the 6 reasons health care is so expensive in a USA? A. Doctor's/ Nurse's salaries are too high B.US population is too big C.Drug costs are increasing D. Hospitals are for profit