Ouch! I'm a Retired Grocery-Store Owner from Toronto Who Fell

question 17

Multiple Choice

Ouch! I'm a retired grocery-store owner from Toronto who fell out of a tree while bird watching in Halifax, Nova Scotia (a Canadian province) . The bill from the hospital for putting a cast on my broken arm is estimated to be $3,000 (Canadian) . How was this price for medical care determined?

• A) by the intersection of supply and demand
• B) by the intersection of supply and demand, but the government played a significant role in imposing a payment limit through its monopsonist power
• C) by the intersection of supply and demand, but the government played a significant role in imposing a payment limit through its monopolist power
• D) by the involvement of the government and private health insurance companies
• E) as higher than it should have been because of a shortage of care

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Definitions:

Childhood Development

The physical, cognitive, social, and emotional growth that occurs from birth through late adolescence.

Peer Influences

The effect that the social group individuals belong to has on their behavior, attitudes, and values.

Adolescent Crowd

A large, loosely-organized group of teenagers who share similar interests and social status.

Adolescent Clique

A small, exclusive group of teenagers or young people who share interests, views, or status.