When the Consumer Credit Protection Act Was Passed in 1968

question 164

Multiple Choice

When the Consumer Credit Protection Act was passed in 1968 there was about ____ worth of consumer credit outstanding.

• A) $100 billion
• B) $300 billion
• C) $1 trillion
• D) $2.5 trillion
• E) $5 trillion

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Definitions:

Evidence-based Practice

The integration of the best available research evidence with clinical expertise and patient values to guide healthcare decisions.

Pre-op Preparation

The process of readying a patient for a surgical procedure, including medical examinations and instructions.

Diagnosis-Related Groups

A system of classifying hospital cases into groups to facilitate payment based on the costs associated with the typical patient in each group.

Prospective Pricing

A pricing approach where the price for services, especially in healthcare, is determined in advance based on expected costs.