One Important Aspect of a Successful Workers' Compensation Claim Is

question 24

True/False

One important aspect of a successful workers' compensation claim is that the employer's fault,negligence or wrongdoing does not have to be evidenced or proven for the injured employee to be compensated.

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Definitions:

Equation of Exchange

An economic equation (MV = PQ) that relates the money supply (M) and its velocity (V) to the price level (P) and quantity of goods sold (Q).

MV = PQ

An equation of exchange in economics that states money supply times the velocity of money equals the price level times the output (quantity of goods and services produced).

Big Government

A term referring to a government or state perceived as overly involved in the various aspects of societal, economic, and personal lives of its citizens.

Keynesians

Supporters of the economic theories established by John Maynard Keynes, focusing on total spending in the economy and its effects on output and inflation.