Critical Care Codes Are Reported Based On

question 2

Multiple Choice

Critical care codes are reported based on:

• A)the three key components-history, exam, MDM
• B)time
• C)amount of documentation
• D)procedures performed

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Definitions:

Income Effect

The income effect describes the change in an individual's or economy's income and how that change will affect the quantity demanded of a good or service.

Normal Good

A type of good for which demand increases as the income of the consumer increases, holding all else constant.

Wealth Effect

The change in spending and consumption patterns by individuals or households due to changes in their real or perceived wealth.

Substitution Effect

The change in consumption patterns due to a change in the relative prices of goods, leading consumers to substitute away from more expensive goods towards cheaper ones.