Choose the Word or Phrase in [ ] Which Will

question 111

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement.Select "a" for the first item,"b" for the second item,and "c" if neither item will correctly complete the statement.
-Surgical expense insurance would pay for cosmetic surgery [| to reduce the size of your nose | only if deemed a medical necessity].

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Definitions:

Economics

The academic discipline that explores how people, government entities, companies, and countries decide to distribute limited resources to meet their endless desires.

Systematic Mistakes

Errors that individuals consistently make due to predictable psychological biases, often studied in behavioral economics.

Decision Making

The process of selecting among various alternatives or options, typically aiming to achieve the most favorable outcome.

Lack of Confidence

A state where consumers or investors are hesitant to spend or invest due to pessimism about economic conditions.