The Difference Between a Living Will and a Durable Power

question 17

Multiple Choice

The difference between a living will and a durable power of attorney for healthcare is that a _____.

• A) Durable power of attorney designates specific treatments that should be held or withheld in the event a patient becomes incapacitated
• B) Durable power of attorney and living will are both executed by the family after the patient becomes incapacitated,determining the surrogate decision maker
• C) Living will designates treatment,while a durable power of attorney designates a surrogate decision maker
• D) Living will is executed while the patient is competent and designates a person who makes decisions in the event he is incapacitated

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Definitions:

Wage Subsidies

Direct financial support from the government to employers or employees to encourage the hiring of workers or to maintain employment levels.

Price Controls

Price Controls are governmental restrictions on the prices that can be charged for goods and services in a market, aiming to curb inflation and ensure affordability.

Binding Minimum Wage

A set wage minimum by the government that is above the equilibrium wage, leading to potential excess supply of labor, or unemployment.

Surplus Of Labor

A situation where the supply of labor exceeds the demand for labor, leading to unemployment or underemployment.