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Nonwage Costs Including Payments for Social Security,health Insurance,and Payroll Taxes

question 71

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Nonwage costs including payments for social security,health insurance,and payroll taxes that employers must pay to cover disability,unemployment,and similar benefits are known as externalities.


Definitions:

Home Care

An alternative to hospitalization in which dying people stay in their homes and receive treatment from their families and visiting medical staff.

Grief

The emotional response to one’s loss.

Numbness

A loss of sensation in a part of the body, often indicating damage or disease in the sensory pathway.

Living Will

A legal document specifying an individual's preferences regarding medical treatment in situations where they are unable to make decisions due to illness or incapacity.

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