If Consumers Believe That an Item Will Not Be Available

question 184

Multiple Choice

If consumers believe that an item will not be available in the future,then demand will shift:

• A) left and the equilibrium quantity will fall.
• B) left and the equilibrium quantity will rise.
• C) right and the equilibrium quantity will fall.
• D) right and the equilibrium quantity will rise.

Recognize the importance of nutrition and exercise in the elderly.

Understand the psychological and cognitive issues that can affect geriatric patients.

Know the impact of aging on the body's systems and how it affects medical care.

Understand patient education principles for the elderly, including medication management and preventative care strategies.

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Definitions:

Pay Period

Pay period refers to the recurring length of time over which employee wages are calculated and distributed, such as weekly, bi-weekly, or monthly.

FICA Taxes

Taxes imposed by the Federal Insurance Contributions Act, which fund Social Security and Medicare, required to be withheld from employees' paychecks and matched by employers.

OASDI

Stands for Old-Age, Survivors, and Disability Insurance, a program that provides monthly benefits to retired individuals, survivors of deceased workers, and disabled workers funded through payroll taxes.

Federal Income Tax

The tax levied by the national government on individual or corporate income.