Which of the Following Is a Supply Factor in the Health

question 24

Multiple Choice

Which of the following is a supply factor in the health care market?

• A) defensive medicine
• B) the aging of the population
• C) slow productivity growth in the health care industry
• D) asymmetric information

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Definitions:

Own Business

The act of focusing on one’s own tasks or affairs, not involving oneself in the matters of others.

Frustration

A feeling of dissatisfaction, often accompanied by anxiety or depression, resulting from unfulfilled needs or unresolved problems.

Daydreaming

The act of allowing one's thoughts to wander to unrelated and often fanciful themes or scenarios, not focused on the present task.

Flunking

Failing to achieve a passing grade or level in an academic setting or test.