One of the considerations when relying exclusively on cost-effectiveness analysis (CEA) to determine whether a category of people receives an expensive, potentially life-saving, intervention is:

a. CEA studies are considered the gold standard as far as evaluation studies are concerned.
b. CEA ignores the possibility that certain unidentified individuals in a group may have a greater than normal positive response to the treatment.
c. CEA determines the efficient threshold above which treatments are unnecessarily expensive.
d. CEA studies are subjective and rely on the judgment of clinicians and researchers.
e. CEA studies take a long time to conduct and are expensive to evaluate.


b. CEA ignores the possibility that certain unidentified individuals in a group may have a greater than normal positive response to the treatment.

Economics

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The present value of $100 to be received in the year 2014 is

A) less than the present value of $100 to be received in 2015. B) greater than the present value of $100 to be received in 2015. C) the same as the present value of $100 to be received in 2015. D) greater than the present value of $100 to be received in 2015 if the interest rate in 2015 exceeds the interest rate in 2014; otherwise, it is less.

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With price leadership,

a. price equals marginal cost b. the industry output is generally greater than a competitive industry c. prices are set by explicit collusion d. firms price discriminate among different classes of customers e. there is no formal agreement regarding prices

Economics

Part-time workers are

What will be an ideal response?

Economics