Nurses Must Be Aware That Disciplinary Action by the State

question 53

Multiple Choice

Nurses must be aware that disciplinary action by the state board of nursing can include such things as fines,suspension of nursing licensure,and:

• A)mandatory reeducation in the area of the violation
• B)revocation of nursing license
• C)immediate retaking of the NCLEX
• D)a minimum of 1,000 hours of community service

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Definitions:

Inflationary Gap

A situation where the demand for goods exceeds supply at the current price levels, leading to an increase in prices and inflation.

Equilibrium GDP

The level of Gross Domestic Product where the aggregate supply equals aggregate demand within an economy, leading to a stable economic condition.

Full Employment GDP

The level of GDP produced when the economy is utilizing all available resources, including labor, at the maximum sustainable rate without causing inflation.

Recessionary Gap

A situation where the real Gross Domestic Product (GDP) is lower than the potential GDP, indicating underutilization of resources.