Which One of the Following Is True About Workers' Compensation

question 65

Multiple Choice

Which one of the following is true about workers' compensation?

• A)Worker compensation benefits focuses primarily on dealing with the increasing cost of living.
• B)Unlike before, injuries that are self-inflicted and stem from intoxication are now covered as well.
• C)Housing plans and pension services are included in worker compensation.
• D)Self-funding of disability income by employers is restricted in most states.
• E)Disability benefits that are part of workers' compensation are tax free.

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Definitions:

Base-Year Prices

Prices from a specific base year used to express the real value of goods and services in order to remove the effects of inflation over time.

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, used as an indicator of inflation.

Annual Rate

A projection of a rate over a period of one year, often used in the context of interest rates, inflation, or growth rates.

Price Index

A measure showing the average level of prices for a specific set of goods and services over a period, indicating inflation or deflation.