All of the Following Is True of Smoking Employees Except

question 54

Multiple Choice

All of the following is true of smoking employees except:

• A) smokers are less healthy than non-smokers.
• B) smokers are absent more than non-smokers.
• C) smokers make less disability claims than non-smokers.
• D) smoker make more expensive health claims than non-smokers.

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Definitions:

Laissez-faire

An economic philosophy of free-market capitalism that opposes government intervention in the marketplace.

Active Government Intervention

The involvement of the government in the economy to correct market failures, redistribute resources, or stabilize the economy.

Fiscal Policy

Government policies regarding taxation and spending that are used to influence economic conditions, including levels of employment, inflation, and economic growth.

Stagflation

An economic condition characterized by stagnant growth, high unemployment, and high inflation.