Economics

5. An explanation why nurses continue to have fixed wages amid nursing shortage. Based on a dominant buyer that controls the demand for nurses amid shortage. “All nurses who do the same work are paid the same wage.
7. A market-based mechanism. An individual says when, what, and how healthcare is purchased and provided.
8. Moral _____. Refers to changes in behaviors based on insurance coverage. Increased use of health services as a result of having insurance coverage.
11. A cost-sharing practice to reduce the use of insurance coverage.
13. Description of the nursing shortage when it is due to the nurse’s decision to enter or re-enter the workforce.
14. _____ clinics. Staffed by nurse practitioners or physician assistants. Found in groceries, drug stores, and discount stores.
15. Risk _____. Spreading the health risks across a group of people.
17. An increase in the use of health care providers causes an increase of nursing services.

1. The amount of nursing services available to patients.
2. The patient willingness to buy nursing services
3. A measure of supply. May refer to students who enroll in the nursing programs.
4. _____ is “what is given up obtaining a good or service”.
6. _____ failure. The inability of patients or consumers and health care providers to strike a balance in the supply and demand of health services.
9. Occur when the nurse provides services that are similar or equivalent to the physicians.
10. Cost-_____. An evaluation of the needed resource and the advantages.
12. _____ utility. Refers to the satisfaction, welfare, or general well-being gained when purchasing health care services.
16. Believed to be one of the labor market factors that affects the supply of nursing services.