Practice Exam 2 - Q8 b+c)
The questions/answers here are pretty easy, but is unemployment insurance part of the syllabus? Although the source material says it'll discuss unemployment insurance, I don't see anything about it.
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The questions/answers here are pretty easy, but is unemployment insurance part of the syllabus? Although the source material says it'll discuss unemployment insurance, I don't see anything about it.
Comments
Here are my thoughts on this and you can make of this what you will:
You're right that the questions and answers here are relatively straightforward. Regarding unemployment insurance, it is technically part of the syllabus, as the source material mentions it in the context of government insurance programs. However as you correctly pointed out, the text doesn't go into much detail specifically on unemployment insurance itself, focusing more on other types like workers' compensation and crop insurance.
That said, the exams are designed to test your ability to apply concepts even when they're not explicitly spelled out. This ties back to the importance of Bloom's Taxonomy, which the CAS emphasizes. You might be expected to infer answers based on related information, even if the exact answer isn't directly stated in the text. In this case, understanding that unemployment insurance is government-provided, unlike private insurance, and being able to evaluate its social impact (like lengthening unemployment periods) are reasonable inferences you can make. So, while the specific details may not be fully outlined, the ability to interpret and apply the broader concepts is key.
As a final comment, I don't know if an exam question would ask something like this on unemployment insurance but I can't rule it out either. Think of it as a reminder that exam questions may not always come directly from the text.