Which Psychologist's Needs Argues That Lower-Order Needs Must Be Satisfied

question 17

Multiple Choice

Which psychologist's needs argues that lower-order needs must be satisfied before one progresses to higher-order needs?

• A) Byrd
• B) Maslow
• C) Alderfer
• D) Herzberg
• E) McClelland

Comprehend the role of health insurance and its effects on health care consumption.

Recognize the relationship between health care costs and the structure of employment.

Identify the economic repercussions of health care costs on individuals and the economy.

Understand the concepts of asymmetric information, moral hazard, and supplier-induced demand in the health care market.

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Definitions:

Undisclosed Principal

A person who remains unknown to a third party while being represented by an agent in a transaction or agreement.

Disclosed Principal

A principal whose identity is known to the third party at the time a contract is entered into by the agent on behalf of the principal.

Partially Disclosed Principal

A principal whose identity is unknown by a third party, but the third party knows that the agent is or may be acting for a principal at the time the agent and the third party form a contract.

Nonperformance

The failure to fulfill a contractual obligation or carry out an agreement as specified.