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Figure 15-6
-In the accompanying diagram, the red light indicates the flow of oil.
Defensive Medicine
The practice by healthcare providers of ordering tests, treatments, or procedures to protect themselves from potential malpractice lawsuits, rather than to benefit the patient.
Overconsumption
The excessive use of resources or consumption of goods beyond what is sustainable or environmentally sound.
Economic Growth
An increase in a country's output of goods and services over time, often measured by changes in real GDP.
Allocative Inefficiency
A situation where resources are not distributed optimally, resulting in lost potential for producing welfare or value.
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