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The Patient Self-Determination Act (PSDA) was passed by the United States Congress in 1990 as an amendment to the Omnibus Budget Reconciliation Act of 1990.Effective on December 1, 1991, this legislation required many hospitals, nursing homes, home health agencies, hospice providers, health maintenance organizations (HMOs), and other health care institutions to provide information about ...
Economic law is a set of legal rules for regulating economic activity. [ 1 ] [ 2 ] Economics can be defined as "a social science concerned with the production, distribution, and consumption of goods and services."
Under state and federal law, all PDA contracts must specify that liabilities incurred by the corporation must be satisfied exclusively from their own assets. According to the City of Seattle, "This allows accomplishment of public purpose activities without assuming them into the regular functions of City government."
In his letter, Rotika concluded that when considering PSDA and economic development statutes collectively state law is clear in its intent that city adopt only one resolution to establish a PSDA ...
Regulatory economics is the application of law by government or regulatory agencies for various economics-related purposes, including remedying market failure, ...
The law of supply is a fundamental principle of economic theory which states that, keeping other factors constant, an increase in sales price results in an increase in quantity supplied. [1] In other words, there is a direct relationship between price and quantity: quantities respond in the same direction as price changes.
The Public Works and Economic Development Act of 1965 (Pub.L. 89−136, 79 Stat. 552) established the Economic Development Administration in the U.S. Department of Commerce to provide grants to economically distressed communities to support employment and industrial and commercial growth.
Welfare economics is a field of economics that applies microeconomic techniques to evaluate the overall well-being (welfare) of a society. [ 1 ] The principles of welfare economics are often used to inform public economics , which focuses on the ways in which government intervention can improve social welfare .