The Primary Goal of State Workers' Compensation Laws Is Best

question 7

Multiple Choice

The primary goal of state workers' compensation laws is best described as:

• A) providing a means for injured workers to receive care and income without having to sue.
• B) determining the cause of work-related accidents and minimizing future accidents.
• C) ensuring that employers are not held responsible for accidents caused by worker negligence.
• D) spreading the cost of workplace accidents among all workers in the state.

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Definitions:

Economic Output

The total value of all goods and services produced by an economy over a specific time period.

National Sales Tax

A tax levied on retail sales of goods and services at the national level, typically a percentage of the sales price.

Low-Income

Describes individuals or families that earn significantly less than the median income of their locality, often leading to limited access to goods and services.

Positive Economics

The branch of economic study that focuses on objective analysis and descriptions of how economies work, without making value judgments.