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Under state workers compensation programs,employers may not use common law defenses to defend against claims of workers who are injured on the job.In such cases,proof of a worker's injury is proof of responsibility of the employer.Because of this characteristic,workers compensation is an example of
Economic Infrastructure
The underlying physical and organizational structures needed for the operation of a society or economy, including transportation, communication, utilities, and services.
Buying Capacity
The ability of an individual or entity to purchase goods or services, determined by factors such as income, credit availability, and economic conditions.
Per Capita Income
The average income earned per person in a given area (city, region, country) in a specified year.
Currency Exchange Rates
The value of one currency for the purpose of conversion to another, which plays a crucial role in international trade and finance.
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