A Nurse Is Working with a Family Who Is Unable

question 25

Multiple Choice

A nurse is working with a family who is unable to find adequate health care coverage for the children in the family.Which of the following pieces of legislation will assist in provision of health care coverage for these children?

• A) Social Security Act
• B) Balanced Budget Act
• C) HIPAA
• D) ACA

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Definitions:

Fixed Cost

A cost that does not change with the level of output or sales, such as rent, salaries, and insurance.

Insurance Premiums

The amount of money that an individual or business must pay for an insurance policy.

Law of Diminishing Returns

The principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other variables remain constant.

Marginal Product

The additional output that can be produced by adding one more unit of a specific input, while holding all other inputs constant, crucial in understanding production efficiency.