Being a Member of the Government-Sponsored MediSave Scheme Entitles Employees

question 66

Multiple Choice

Being a member of the government-sponsored MediSave scheme entitles employees to a lump-sum payment in cash towards medical expenses.This scheme would:

• A)increase employment.
• B)make workers better off.
• C)not change workers' welfare.
• D)cause average wages to fall.

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Definitions:

Causal Relationship

A type of connection between two variables where a change in one directly influences or causes a change in the other.

Measured Variables

Variables in an experiment or study that are quantitatively analyzed to understand their impact or relationship with other variables.

History

History involves the study of past events, societies, and civilizations, often to understand human behavior and societal evolution.

Internal Validity

Refers to the degree to which the results of a study can be attributed to the treatments or interventions being tested, rather than other factors.