NURS 5350 M3L3 Exam 2026–2027 – Complete Study
Guide, Practice Questions & Correct Answers
Under free market conditions, the relationship between the quantity of medical services demanded and
the price of medical services is:
A) unknown.
B) equal.
C) direct.
D) inverse. - correct answers -D
Reimbursement is associated with which of the quad functions?
A) Financing
B) Insurance
C) Delivery
D) Payment - correct answers -D
In a free market, who would pay for the delivery of health care services?
A) Employers
B) Patients
C) Government
D) Multiple payers - correct answers -B
When providers deliver unnecessary services with the objective of protecting themselves against
lawsuits, this practice is called:
1
, A) defensive medicine.
B) supplier-induced demand.
C) primary protection.
D) legal risk. - correct answers -A
Legislation is to laws as regulations are to:
A) bills.
B) laws.
C) rules.
D) practice. - correct answers -C
How does healthcare regulation protect the public?
A) Nurses are regulated in their practice and therefore cannot do harm.
B) Physicians are regulated in their practice and therefore cannot do harm.
C) Laypersons are great at judging the care they will receive and do not need regulations.
D) There is always a potential risk of harm in health care, and regulations help mitigate risk by providing
structure to a complex environment. - correct answers -D
What led to the creation of the first formalized nurse practitioner programs in the United States?
A) A nursing shortage prediction
B) A physician shortage prediction
C) Legislation put forth by RNs who wanted advanced degrees
D) Nursing and physician shortage predictions - correct answers -B
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Guide, Practice Questions & Correct Answers
Under free market conditions, the relationship between the quantity of medical services demanded and
the price of medical services is:
A) unknown.
B) equal.
C) direct.
D) inverse. - correct answers -D
Reimbursement is associated with which of the quad functions?
A) Financing
B) Insurance
C) Delivery
D) Payment - correct answers -D
In a free market, who would pay for the delivery of health care services?
A) Employers
B) Patients
C) Government
D) Multiple payers - correct answers -B
When providers deliver unnecessary services with the objective of protecting themselves against
lawsuits, this practice is called:
1
, A) defensive medicine.
B) supplier-induced demand.
C) primary protection.
D) legal risk. - correct answers -A
Legislation is to laws as regulations are to:
A) bills.
B) laws.
C) rules.
D) practice. - correct answers -C
How does healthcare regulation protect the public?
A) Nurses are regulated in their practice and therefore cannot do harm.
B) Physicians are regulated in their practice and therefore cannot do harm.
C) Laypersons are great at judging the care they will receive and do not need regulations.
D) There is always a potential risk of harm in health care, and regulations help mitigate risk by providing
structure to a complex environment. - correct answers -D
What led to the creation of the first formalized nurse practitioner programs in the United States?
A) A nursing shortage prediction
B) A physician shortage prediction
C) Legislation put forth by RNs who wanted advanced degrees
D) Nursing and physician shortage predictions - correct answers -B
2
