The Existence of a Shortage

question 151

Multiple Choice

The existence of a shortage

• A) is impossible in a market economy
• B) means resources are being allocated efficiently
• C) pushes the price up
• D) pushes the price down

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Definitions:

Intravenous Therapy

Medical treatment involving the delivery of fluids, medications, or nutrients directly into a vein.

Prospective Payment Systems

A healthcare payment method where the amount paid is agreed upon in advance based on the condition being treated rather than the services used.

Professional Standards

Established norms and criteria in a given profession that guide ethical and effective practice.

Never Events

Serious, preventable patient safety incidents that should never happen in healthcare settings, such as surgery on the wrong site.