_____ Is an In-Company Program Designed to Remedy Current and Future

question 32

Multiple Choice

_____ is an in-company program designed to remedy current and future inequities in employment of minorities.

• A)Protected groups
• B)Equal employment opportunity
• C)Affirmative action
• D)Disparate effect

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Definitions:

Surplus

An excess of something, especially a quantity of a commodity or financial instrument that exceeds what is needed or used.

Equilibrium Price

The price at which the quantity of a good demanded equals the quantity supplied, leading to market balance.

Equilibrium Quantity

The amount of goods or services that is supplied and demanded at the equilibrium price.

Price Floor

A minimum price set by the government for certain goods and services, which cannot legally be lowered.