If a Country Has a Trade Deficit, Does It Indicate

question 18

Multiple Choice

If a country has a trade deficit, does it indicate that the country has a serious problem?

• A) No. Trade deficits occur when a country's investment spending is higher than its level of saving.
• B) Yes. Trade deficits occur when a country has low productivity.
• C) Yes. Trade deficits occur when a country does not have a comparative advantage in production.
• D) Yes. Trade deficits occur when a country has a high budget surplus.

Understand the role and requirements of The Joint Commission in assessing quality patient care.

Identify appropriate methods for correcting documentation errors in patient records.

Recognize documentation necessary for the reimbursement of home nursing care by Medicare, Medicaid, and insurance companies.

Comprehend the benefits of electronic medical record (EMR) systems in healthcare.

---

Definitions:

Public Good

A good or service that is characterized by nonrivalry and nonexcludability. These characteristics typically imply that no private firm can break even when attempting to provide such products. As a result, they are often provided by governments, who pay for them using general tax revenues.

Federal Government

The national government of a federated state, which shares sovereignty with its subnational entities and is typically responsible for national defense, foreign affairs, and federal law.

Marginal Benefit

The increase in satisfaction or utility that a person receives from consuming an additional unit of a good or service.

Optimal Amount

The ideal quantity of a good or resource that maximizes efficiency or value.