Which Statement by the Nurse Indicates Understanding of the Major

question 13

Multiple Choice

Which statement by the nurse indicates understanding of the major factors influencing the increase in health care costs?

• A)"Health care expenditures are exceeding the cost of the gross domestic product (GDP)in excess of 17.4%."
• B)"Older adult patients consume more of the health care product than they can afford to finance."
• C)"The cost of prescription drugs is soaring so rapidly that the majority of people cannot afford them."
• D)"Because of the limited payment of Medicare,institutions are not being reimbursed at the same level of expenditures."

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Definitions:

Management Risk

The potential for losses due to the decisions and actions of an organization's management team.

Systematic Risk

The risk inherent to the entire market or market segment, which cannot be mitigated through diversification and is often influenced by external factors like political, economic, and social changes.

Political Upheaval

Significant disruption or change in the governing structure or policy of a country, often accompanied by protests or conflict.

Market Risk

The risk of losses in investments due to factors that affect the entire market, such as economic changes or political events.