Question

In: Economics

Insurance increases medical inflation mostly through its: Group of answer choices a. inducement of cost-increasing technologies....

Insurance increases medical inflation mostly through its:

Group of answer choices

a. inducement of cost-increasing technologies.

b. direct effect on consumer demand.

c. inducement of unnecessary care.

d. income effect on physician supply.

Solutions

Expert Solution

The answer is option a- inducement of cost-increasing technologies.

Insurance increases medical inflation mostly through its inducement of cost-increasing technologies


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