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Using Two or Three Sentences, Answer the Following Questions as Concisely

question 10

Essay

Using two or three sentences, answer the following questions as concisely as possible.
-Describe the responsibilities of registered records administrators (RRAs), also known as health information managers (HIMs).


Definitions:

Excise Tax

A tax levied on certain goods and commodities produced or sold within a country and on licenses granted for certain activities.

Consumers

Consumers are individuals or organizations that use economic goods or services, driving demand in the economy through their purchasing choices and preferences.

Producers

Producers are individuals or entities that create goods or provide services.

Efficiency Loss

The loss of economic efficiency that can occur when the balance between supply and demand is not achieved or is interfered with.

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