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Select one: a. Many alternative measures of health care quantities exist so if d

ID: 1102634 • Letter: S

Question

Select one: a. Many alternative measures of health care quantities exist so if different researchers use different data sources, estimates will differ b·Different researchers study different populations, which can affect the elasticity estimates if different populations respond differently. For example, older populations use health care differently than younger populations and are affected by programs like Medicare. c. Different researchers use different data sources, and the information available varies based on the source. Data obtained from insurance claims only provide information about services covered by insurance, while survey data relies on the recall ability of the person interviewed. d. All of the above are correct.

Explanation / Answer

Option D . All are correct.

All thr above mentioned optons are correct. There might be different data sets, data sources and different ways of calculation. This makes the estimates different and thus increases difficulty in measuring elasticity of demand of healthcare.

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