MrsSmadu, Who Is 80 Years of Age, Was Recently Admitted

question 7

Multiple Choice

Mrs.Smadu, who is 80 years of age, was recently admitted to a long-term care setting.Over the past month, Mrs.Smadu appears to be deteriorating.She does not wish to eat, sleeps all the time, and is not able to participate in any of her activities of daily living.Which of the following assessment tools will help inform and guide comprehensive care and planning for this older person?

• A)Clinical Assessment Protocols (CAPs)
• B)Continuing Care Reporting System (CCRS)
• C)Resident Assessment Instrument (RAI)
• D)Utilization Guide (UG)

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Definitions:

MSB

Marginal Social Benefit, which refers to the additional benefit society gains from consuming one more unit of a good or service.

MSC

MSC stands for Marginal Social Cost, which is the total cost to society of producing an additional unit of a good or service, including both private and external costs.

Coase Theorem

An economic theory that suggests that if property rights are clearly defined and transaction costs are negligible, private negotiations will lead to the efficient resolution of disputes regardless of the initial allocation of rights.

Coase Theorem

A theory suggesting that if trade in an externality is possible and there are no transaction costs, bargaining will lead to an efficient outcome regardless of the initial allocation of property.