Which of the Following Is False Under the Federal Unemployment

question 85

Multiple Choice

Which of the following is false under the Federal Unemployment Tax Act?

• A) It was passed in 1935 and created a state system to provide unemployment compensation to qualified employees who lose their jobs.
• B) Employers must pay taxes to the states, which deposit the money into the federal government's Unemployment Insurance Fund.
• C) Each state has an account from which it can access the money in the federal fund.
• D) States have different minimum standards for qualifying for unemployment compensation.
• E) Most states do require employee contributions.

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Definitions:

Economic Concerns

Issues related to the health and functioning of an economy, including inflation, unemployment, and GDP growth.

Distribution

The spread of values within a dataset or the pattern showing how often each value occurs.

Chi-square Test

A statistical test used to determine if there is a significant difference between observed and expected frequencies in one or more categories.

Null Hypothesis

A default hypothesis that there is no effect or no difference, and it is assumed true until evidence indicates otherwise.