The Rationing Function of Prices Means That

question 315

Multiple Choice

The rationing function of prices means that

• A) government is responsible for setting the prices of basic foods.
• B) all goods and services are produced by large firms.
• C) businesses determine what goods consumers should purchase.
• D) buyers and sellers synchronize their decisions through the price system.

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Definitions:

Student Nurse

An individual in the process of undergoing education and training in the nursing profession, often involving both theoretical and practical components.

Nursing Assistant

A healthcare professional who provides basic care and daily living assistance to patients, working under the supervision of nursing staff.

Intake and Output Data

The measurement and recording of all fluids entering and leaving the body, commonly used in healthcare settings to assess a patient’s fluid balance.

State Nurse Practice Act

Legislation that defines the scope of nursing practice within a particular state, aiming to protect public health and safety.