Which of the Following Is Not Correct

question 191

Multiple Choice

Which of the following is not correct?

• A)Across countries there are large differences in the average income per person. These differences are reflected in large differences in the quality of life.
• B)With a growth rate of about 2 percent per year, average income per person doubles about every 35 years.
• C)The ranking of countries by average income changes very little over time.
• D)In some countries real income per person has changed very little over many years.

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Definitions:

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.

Pension Benefits

Payments made from a retirement plan, often based on years of service and salary history, made to eligible employees after retirement.

Workers' Compensation Statutes

Laws that provide financial compensation and medical care for workers who are injured or become ill as a direct result of their job, regardless of fault.