WGU D223 NURS 2650 Healthcare Policy & Economics FA READINESS GUIDE Q & S 2025/2026

1. Multiple Choice: Which of the following is a key principle
of health economics?
 a) Resource allocation
 b) Demand management
 c) Cost-effectiveness
 d) All of the above
 Correct Answer: d) All of the above
 Rationale: Health economics is concerned with how
resources are allocated, managing demand for healthcare
services, and ensuring that the services provided are costeffective.
2. Fill-in-the-Blank: The __________ model is a framework
for understanding the complex forces that affect health and
the outcomes of healthcare.
 Correct Answer: Biopsychosocial
 Rationale: The biopsychosocial model takes into account
biological, psychological, and social factors that influence
health.
3. True/False: The Gross Domestic Product (GDP) is the
only indicator necessary to assess a country's health
system performance.
 Correct Answer: False
 Rationale: While GDP can provide some insights, it is not
sufficient alone. Other indicators like quality of care, access
to services, and health outcomes are also necessary for a
comprehensive assessment.
4. Multiple Response: Select all that apply. Which of the
following are objectives of healthcare policy?
 a) To improve the population's health