As a Relationship Grows

question 61

Multiple Choice

As a relationship grows:

• A) trust increases and wisdom decreases.
• B) trust decreases and wisdom increases.
• C) trust and wisdom increase.
• D) trust and wisdom decrease.
• E) trust and wisdom remain the same.

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Definitions:

Supplier-Induced Demand

Supplier-induced demand occurs when providers of a good or service influence consumers' demand for it, often seen in markets where providers have more information about the product than consumers.

Raising Deductibles

Increasing the amount that an insured individual must pay out of pocket before an insurance company pays a claim.

Health Care Costs

The expenses related to the provision and consumption of health care services.

Employer-Provided Health Insurance

Health insurance coverage offered to employees (and often their families) as part of an employee benefit package.