Which of the Following Is a Demand-Increasing Factor in the Health

question 52

Multiple Choice

Which of the following is a demand-increasing factor in the health care market?

• A)rising incomes
• B)the aging of the population
• C)asymmetric information
• D)all of these

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Definitions:

Rescission

Rescission is the legal act of unmaking or terminating a contract, returning the parties involved to their positions prior to the contract's existence.

Restitution

The return of any property given up under a contract.

Absolute Obligation

A duty or responsibility that is not subject to any conditions and must be fulfilled under all circumstances.

Equitable Remedies

Court-enforced actions directed at a party in a civil lawsuit, aimed at correcting a legal wrong or injustices, such as orders for specific performance, injunctions, and rescissions.