Unemployment Insurance

question 26

Multiple Choice

Unemployment insurance

• A) pays for a substantial portion of the hospital, doctor, and drug costs of retirees and the disabled.
• B) is the largest of the social insurance programs, accounting for a large share of the federal deficit.
• C) includes an automatic cost of living adjustment (COLA) that is set by Congress.
• D) is administered by the states under federal guidelines, with the level of benefits set by the states.
• E) None of the above

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Definitions:

Concept

A general idea or understanding that represents a class of phenomena, objects, or events.

Disadvantaged Populations

Groups of people who face greater obstacles to health, education, and economic opportunity due to social, economic, or environmental disadvantages.

Validity

The degree to which a test or measurement accurately reflects or assesses the specific concept that it is intended to measure.

Reliability

The degree to which an assessment tool or measurement produces stable and consistent results over repeated applications or observations.