Chapter 21

Question 0

To replace a portion of earnings for workers who become unemployed through no fault of their own
To help stabilize the economy during recessions by providing unemployed workers with money to purchase needed goods and services

Answer 0

Primary objectives of Unemployment

Question 1

Describes direct government actions of putting money j to the economy (spending) or taking it out (taxation). Ex: building bridges, school, etc

Answer 1

Fiscal policy

Question 2

Government power over the money supply to stimulate employment. Ex: lowering interest rates

Answer 2

Monetary policy

Question 3

A policy requiring no additional government action to be put in effect. Ex: unemployment

Answer 3

Automatic stabilizer

Question 4

The insurer looks backward overtime to determine if an insured has paid a fair premium. Favorable loss experience results in a low or refund of the premium

Answer 4

Experience rating

Question 5

The workers own actions contributed to the injury

Answer 5

Contributory negligence

Question 6

Another worker was responsible for the injury, not the employer

Answer 6

Fellow servant rule

Question 7

If the worker knew that the job was dangerous before accepting the position

Answer 7

Assumption of risk defense

Question 8

The employer had to pay the worker for damages regardless if fault, but the employer was protect from employees civil claims that arose from work related injuries

Answer 8

Exclusive remedy

Question 9

Broad coverage of employees and work related injuries and diseases, substantial protection against loss of income, sufficient medical care and rehabilitation services, encouragement of safety, and effective delivery system for workers compensation

Answer 9

Objectives of workers compensation

Question 10

Cash payments to replace lost income, full payment of medical expenses, payment for rehabilitation services

Answer 10

Benefits of workers compensation

Question 11

Means that the employee has suffered some permanent injury, such as loss of an eye or a limb, but still can work

Answer 11

Permanent partial disability

Question 12

The worker will recover and can work part time disabled

Answer 12

Temporary partial disability

Question 13

The worker will recover but can do no work until the disability ends

Answer 13

Temporary total disability

Question 14

The worker has suffered permanent injury and no longer can work at his or her previous job

Answer 14

Permanent total disability

Question 15

The lack of requirement for injured or disabled employees in many states to pay a portion of their healthcare costs, fraudulent claims, the practice of some healthcare proceeds to charge more for workers comp claims

Answer 15

Concerns about workers compensation

Question 16

Job related disabilities that result over many years of employment

Answer 16

Cumulative injuries