Examlex
Which of the following schools of thought believe that expansionary monetary policy is effective in fighting recessions?
I. classical macroeconomics
II. Great Moderation consensus
Workers' Compensation
A system of insurance that provides financial and medical benefits to employees injured in the course of employment.
Strict Liability
A legal principle where a party is held responsible for damages or loss, regardless of fault or intention.
Employer Negligence
A situation where an employer fails to provide a safe working environment, leading to injury or damage to employees.
ERISA
The Employee Retirement Income Security Act, a federal law that sets minimum standards for most voluntarily established retirement and health plans in private industry.
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