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Explicit Costs Are Nonmonetary Costs

question 196

True/False

Explicit costs are nonmonetary costs.


Definitions:

Health Care Laws

Statutes and regulations governing the provision of health care services, insurance, reimbursement, and the responsibilities of health care providers and patients.

Department of Health and Human Services

A federal agency in the United States tasked with protecting the health of all Americans and providing essential human services.

Privatization

The process of transferring ownership or operation of a public service, business or property from the government to private individuals or organizations.

In-House Email Services

Email communication systems managed and run within an organization, as opposed to through external or third-party service providers.

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