what sorts of policy changes seem likely to shift the demand for nursing home care?
Homework Answers
Right shift:
If there is an increase in taxes or other expenses the demand for nursing home would increase as because of added expenditure, people will not be willing to keep their parents with them.
It there was a scheme such as one child policy, there would be demographic changes, there would be more elderly in the population and less younger population to look after them so they will demand more nursing homes. This is currently being faced by Japan.
Leftward shift:
If some subsidy on taxes is given to people who live with their parents they will prefer the elderly to stay with them to enjoy the benefit.
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what sorts of policy changes seem likely to shift the demand for
nursing home care?
What sorts of demographic changes seem likely to shift the demand for nursing home care?
What sorts of demographic changes seem likely to shift the demand for nursing home care?
Which of the following is a likely trend in nursing home care in next 20 years?...
Which of the following is a likely trend in nursing home care in next 20 years? Decreased costs associated with long-term care Decreased need for registered nurses Increase in private payment for long-term-care services Increased need for new facilities
The Health Care Network that you work for has decided to shift away from institutionalised nursing...
The Health Care Network that you work for has decided to shift away from institutionalised nursing care and provide a greater emphasis on home care. How can you adapt and stay up-to-date with this changing care concept? (40-80 words)
Which of the following changes would NOT shift the aggregate demand curve? Select one: a. a...
Which of the following changes would NOT shift the aggregate demand curve? Select one: a. a change in monetary policy b. a change in expectations about future income c. an increase in technology d. a change in fiscal policy
2-17 Comprehensive Care Nursing Home is required by statute and regulation to maintain a minimum 3...
2-17 Comprehensive Care Nursing Home is required by statute and regulation to maintain a minimum 3 to 1 ratio of direct service staff to residents to maintain the licensure associated with the Nursing Home beds. The salary expense associated with direct service staff for the Comprehensive Care Nursing Home would most likely be classified as: 1. Variable cost 2 Fixed cost. 3. Overhead costs. 4. Inventoriable costs. nurinhlo corte within its current relevant range. As its
Remember: Changes in supply determinants shift supply, and changes in demand determinants shift demand. We say...
Remember: Changes in supply determinants shift supply, and changes in demand determinants shift demand. We say that a shift of supply does not cause a shift of demand, and vice-versa, because it is the adjustment of the market price (via the elimination of temporary shortages and surpluses) that allows the market to arrive at an equilibrium price that causes a stable condition where quantity supplied = quantity demanded. Please analyze the following scenario with a graph, accompanied by a complete...
The director of nursing at your long term care nursing home has assigned you to be...
The director of nursing at your long term care nursing home has assigned you to be in charge of the nursing home for the weekend AS A CNA because she is going away on a vacation to the HAWAII What should you do?
Tax Drill - Long-term Care Insurance Valentino is a patient in a nursing home for 45...
Tax Drill - Long-term Care Insurance Valentino is a patient in a nursing home for 45 days of 2020. While in the nursing home, he incurs total costs of $13,500. Medicare pays $8,000 of the costs. Valentino receives $15,000 from his long-term care Insurance policy, which pays while he is in the facility. Assume that the daily federal statutory amount for Valentino is $380. Valentino may exclude $ 7,700 X of the $15,000 from his gross income.
An expansionary fiscal policy is shown as a: A. Rightward shift in the economy's aggregate demand...
An expansionary fiscal policy is shown as a: A. Rightward shift in the economy's aggregate demand curve D. Leftward shift in the economy's aggregate demand curve
Which policy triggered the growth of the nursing home industry in the US?
Which policy triggered the growth of the nursing home industry in the US?
Which of the following changes would NOT shift the aggregate demand curve? Select one: a. a change in monetary policy b. a change in expectations about future income c. an increase in technology d. a change in fiscal policy
2-17 Comprehensive Care Nursing Home is required by statute and regulation to maintain a minimum 3 to 1 ratio of direct service staff to residents to maintain the licensure associated with the Nursing Home beds. The salary expense associated with direct service staff for the Comprehensive Care Nursing Home would most likely be classified as: 1. Variable cost 2 Fixed cost. 3. Overhead costs. 4. Inventoriable costs. nurinhlo corte within its current relevant range. As its
Tax Drill - Long-term Care Insurance Valentino is a patient in a nursing home for 45 days of 2020. While in the nursing home, he incurs total costs of $13,500. Medicare pays $8,000 of the costs. Valentino receives $15,000 from his long-term care Insurance policy, which pays while he is in the facility. Assume that the daily federal statutory amount for Valentino is $380. Valentino may exclude $ 7,700 X of the $15,000 from his gross income.
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