The Patient Self-Determination Act (PSDA) Requires That ______________

question 22

Multiple Choice

The Patient Self-Determination Act (PSDA) requires that ______________.

• A)all older adults have a written will that specifies how their property is to be distributed upon their death
• B)only patients themselves are allowed to make the decisions about their own health care
• C)health-care facilities that receive government funds must provide patients with information on advance directives
• D)older adults' family members are not allowed to play any part in their care even in the case of critical illness

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Definitions:

Deadweight Loss

The loss of economic efficiency that can occur when the equilibrium for a good or a service is not achieved or achievable.

Profit-Maximizing

Profit-maximizing refers to a strategy or behavior where a firm or individual seeks to achieve the highest possible profit through their decisions and actions, often by adjusting output or pricing.

Externality

The uncompensated impact of one person’s actions on the well-being of a bystander

Total Cost

The sum of all expenses incurred in the production of goods or services, including both fixed and variable costs.