Author Question: Which of the following statements about the financing of unemployment insurance benefits is true? ... (Read 70 times)

sammy

  • Hero Member
  • *****
  • Posts: 818
Which of the following statements about the financing of unemployment insurance benefits is true?
 
  A) Each state maintains its own trust fund at the state level, and the state pays qualified beneficiaries from the trust fund the state administers.
  B) While experience rating is used for other types of insurance, it is not used in unemployment insurance.
  C) Part of an employer's contribution is used for administrative expenses, to fund extended benefits, and to maintain a loan fund that can be drawn upon if the state's account is depleted.
  D) Most state programs are financed primarily by payroll taxes paid by employees.

Question 2

Which of the following statements about the problems and issues of unemployment insurance programs is (are) true?
 
  I. Many state programs are inadequately financed.
  II. Only a small portion of the total unemployed receive benefits at any time.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II



emsimon14

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

Answer: C

Answer to Question 2

Answer: C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

For a complete list of videos, visit our video library