Question : 1) A credit entry in Canada’s balance-of-payments accounts A) any transaction : 1384539

1) A credit entry in Canada’s balance-of-payments accounts

A) is any transaction that involves a payment to other nations.

B) is any transaction that involves a receipt from other nations.

C) typically results in less foreign exchange being held by Canadians.

D) typically gives rise to the acquisition of foreign exchange on current-account transactions and the loss of foreign exchange on capital-account transactions.

E) can be recorded only by the central bank in the official financing accounts.

2) When a Japanese firm buys Canadian lumber, this transaction appears as a

A) debit on the Canadian capital account.

B) credit on the Japanese capital account.

C) credit on the Canadian current account.

D) credit on the Japanese current account.

E) debit on Canada’s trade account.

3) A debit entry in the Canadian balance-of-payments accounts

1) is a credit in the balance-of-payments accounts for foreign countries;

2) arises when Canadian assets are sold to foreigners;

3) typically results in more foreign exchange being held by foreigners.

A) 1 only

B) 2 only

C) 3 only

D) 1 and 2

E) 1 and 3

4) A credit entry in the Canadian balance-of-payments accounts

1) is a credit in the balance-of-payments accounts for foreign countries;

2) occurs when Canadians receive investment income from foreign countries;

3) is any transaction that results in a payment to other nations.

A) 1 only

B) 2 only

C) 3 only

D) 1 and 2

E) 2 and 3

5) Which of the following is true? A credit entry in the Canadian balance-of-payments accounts

A) is any transaction that results in a payment to other nations.

B) typically results in more foreign exchange being held by foreigners.

C) is a credit in the balance-of-payments accounts for foreign countries.

D) arises when Canadian assets are sold to foreigners.

E) arises when Canadians purchase assets from foreigners.

6) Payments made to foreign firms arising from Canadians’ purchases of foreign goods and services are shown in Canada’s

A) capital account.

B) current account.

C) official financing account.

D) capital-service account.

E) foreign-currency reserves.

7) Canadian firms’ receipts from foreign consumers arising from the exports of goods and services are shown in Canada’s

A) investment account.

B) capital account.

C) official financing account.

D) trade account.

E) capital-service account.

8) With respect to Canada’s balance of payments,

A) if the current account is in deficit, the capital account must also be in deficit.

B) the current account balance must be zero.

C) the trade account balance must be zero.

D) total payments must equal total receipts.

E) if the current account is in surplus, the capital account must also be in surplus.

9) With respect to Canada’s balance of payments,

A) if the current account is in deficit, the capital account must also be in deficit.

B) the current account balance must be zero.

C) the current account balance plus the capital account balance must be zero.

D) the trade account plus the capital account must equal the official financing account.

E) the capital account balance must be zero.

10) The capital-service account in Canada’s balance-of-payments is the section of the

A) capital account which records the net change in Canadian investments abroad and the net change in foreign investments in Canada.

B) capital account which represents the financial reserves held by the Bank of Canada which they can use in the foreign-exchange market.

C) current account which records the interest charges and earnings of Canadian importers and exporters.

D) current account which records income paid to foreign owners of assets in Canada and income received by Canadians for assets located abroad.

E) current account which records the financial reserves held by the Bank of Canada which they can use in the foreign-exchange market.

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July 1, 2023

1) Members of OSHA's $100,000 club have:

A) invested more than $100,000 in health and safety equipment for employees.

B) purchased health and safety insurance coverage of at least $100,000.

C) received fines of $100,000 or more for safety or health violations.

D) paid more than $100,000 in workers' compensation claims.

2) Workplace safety is a significant issue because approximately ________ employees were injured on the job in 2009.

A) 3,000,000

B) 1,000,000

C) 500,000

D) 250,000

3) According to the doctrine of contributory negligence, employers were:

A) not responsible for an employees' injury when another employee's negligence caused the injury.

B) not liable for an employee's injuries when that employee's own negligence caused the injury.

C) responsible for compensating employees for all work-related illnesses and accidents.

D) not responsible for any employees' injuries under any circumstances.

4) Workers' compensation laws vary by state, but all are built on the theory that:

A) employees' personal health insurance should pay the medical costs of any injuries.

B) work-related accidents are costs of doing business and should be paid for by employers.

C) governments are responsible for paying the medical costs related to an employee's injuries.

D) employers are not responsible for employee injuries resulting from the employee's own negligence.

5) Which of the following is a true statement about workers' compensation?

A) Workers' compensation laws are federally mandated and enforced by OSHA.

B) Non-union firms are not required to carry workers' compensation insurance.

C) Workers' compensation is not mandatory in all U.S. states.

D) Most states had workers' compensation programs by 1911.

6) Workers' compensation:

A) pays only if the worker cannot.

B) is considered a no-fault system.

C) is mandatory in all fifty states.

D) covers employees' medical costs with Medicaid.

7) The primary goal of state workers' compensation laws is best described as:

A) providing a means for injured workers to receive care and income without having to sue.

B) determining the cause of work-related accidents and minimizing future accidents.

C) ensuring that employers are not held responsible for accidents caused by worker negligence.

D) spreading the cost of workplace accidents among all workers in the state.

8) The ________ holds that employers are not held liable for an employee's injuries when the negligence of another employee contributed to or caused the accident.

A) doctrine of contributory negligence

B) fellow-servant rule

C) general duty provision

D) "no-fault" rule

9) Which of the following is most likely true?

A) Workers' compensation is a federal program. OSHA is the organization that helps individual states meet workers' compensation standards.

B) Workers' compensation is a federal program that provides compensation to employees injured on the job. OSHA is a federal program that creates and enforces safety standards in the work place.

C) OSHA is a federal program that creates safety standards for work environments. Workers' compensation programs are created by the individual states to provide compensation for employees injured on the job.

D) OSHA is a federal program that provides compensation for employees injured on the job. Workers' compensation programs are state programs that provide compensation for employees injured on the job.

10) Workers' compensation:

A) replaces the worker's entire income until he/she is able to work again.

B) provides benefits for permanent, but not temporary, impairment.

C) gives survivors burial allowances and income benefits.

D) covers medical expenses up to $100,000.