Supplier-Induced Demand Is Created By

question 4

Multiple Choice

Supplier-induced demand is created by:

• A)Patients
• B)Providers
• C)Health insurance companies
• D)The government

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Definitions:

Payroll Tax

Assessments collected from employers or employees, typically proportional to the salaries that workers are paid.

Labor Market

A marketplace where employers find workers and workers find jobs, involving the exchange of labor for compensation.

Payroll Tax

A tax imposed on employers and employees, calculated as a percentage of the salaries that employers pay their staff.

Per-hour Wage

The amount of money paid to an employee for each hour of work.