Disability insurance and unemployment insurance to workers

Assignment Help Business Economics
Reference no: EM131096021

Governments typically provide disability insurance and unemployment insurance to workers. In contrast, governments typically mandate that firms provide workers’ compensation insurance to their workers but do not provide the coverage. Why the difference? Why don’t governments provide workers’ compensation instead of mandating it?

Reference no: EM131096021

Questions Cloud

What is the rationale for this statement : What is the rationale for this statement?
What happens when labor and capital increases : A farmer uses three inputs to produce vegetables: land, labor, and capital. The production function for the farm exhibits diminishing marginal rate of technical substitution. What Happens when labor and capital increases by 5% and land remains fixed?
What legal arguments were made by the prevailing party : What were the probable motivations behind the prevailing party's actions leading up to the dispute? After the dispute? What were the probable motivations behind the losing party's actions leading up to the dispute? After the dispute?
Describe the sources of personality differences : Your answers must be relevant and substantive (approximately 150 words of writing text) enough to get your max points per questions Explain the meaning of any two of the following competencies and why they are important. Ethics Competency,
Disability insurance and unemployment insurance to workers : Governments typically provide disability insurance and unemployment insurance to workers. In contrast, governments typically mandate that firms provide workers’ compensation insurance to their workers but do not provide the coverage. Why the differen..
Labor demand and supply simultaneously increase : Which of the following will occur if labor demand and supply simultaneously increase?
What is the minimum sample size required : What is the minimum sample size required?
Three individuals each hold a ticket for lottery : Three individuals each hold a ticket for a lottery that will pay $100 with probability 0.2 and $10 with probability 0.8. Their utility functions for the monetary amount x may be described as follows: Tom: u(x)=0.002x2+x Jim: u(x)=log10(x) Janet: u(x)..
Amount of loretta taxable income : Loretta incurs the following deductible expenses: $2,500 in state income taxes, $3,000 in local property taxes, $900 in medical expenses, and $3,000 in charitable contributions. She is single, no dependents, and as $40,000 AGI for the year.  What ..

Reviews

Write a Review

Business Economics Questions & Answers

  Taylor rule to set the federal funds rate

The Fed along with many other central banks in the world has adopted the policy of inflation targeting. Explain what is inflation targeting. What are the advantages and disadvantages of inflation targeting? What is the main difference between Inflati..

  Suppose the nominal interest rate is rn and inflation

Suppose the nominal interest rate is rn and inflation is i. Assume 0

  Single graphical utility function

All licensed drivers are required by law to purchase a minimum level of auto and motorcycle insurance (well, if they own either of the two). However, the vast majority choose to buy much more insurance than the required minimum. It’s also true that m..

  Aggregate demand at current prices shift initially

The consumption function is C = $400 billion + 0.6Y and the government wants to stimulate the economy. By how much will aggregate demand at current prices shift initially (before multiplier effects) with:

  Percentage of the population engaged in ideas formation

Consider the Romer model. If the percentage of the population engaged in ideas formation (l) (bar) decreases, what are the short and long term impacts of this shift on Y?

  The firms have different marginal costs

Consider a model of Cournot competition as studied in class, with 2 firms and a linear inverse demand function P(Q) = a – Q (where Q = q1 + q2 is the total quantity produced by the two firms and a is a parameter). The firms have different marginal co..

  Discuss pride contentions

Mackey orders from Pride one thousand cases of Greenie brand peas from lot A at list price to be shipped F.O.B. Pride’s city via Fast Freight Lines. Pride receives the order and immediately sends Mackey an acceptance of the order with a promise to sh..

  Find the optimal bundle in the new situation described

John has the utility function U = Min{x,y}. The price of x is 1, the price of y is 1, and his income is 50. a) Find John’s optimal bundle. b) Suppose now there is a discount for the first 20 units of x John buys such that px=0.5 for those first 20 un..

  What prices will the monopolist charge for good

Consumer A values good 1 at $4,500 and good 2 at $1,500. Consumer B values good 1 at $5,000 and good 2 at $1,000. Costs are zero. Suppose the monopolist only sold the goods separately. What prices will the monopolist charge for good 2 to maximize rev..

  The interest-only mortgage typically converts later

The "interest-only" mortgage typically converts later to a:

  If the price of a product decreases

If the price of a product decreases, we would expect: "Price" in the statement of the Law of Supply refers to: A decrease in demand and an increase in supply will: When producers (say, of roads) are not able to make all consumers pay for enjoying the..

  The purely competitive firm produce to maximize profits

What conditions are necessary to determine if the purely competitive firm should produce in the short run? State the marginal revenue and marginal cost conditions and the total revenue and total cost conditions. Why is the level of output at which ma..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd