Which of the Following Statements Is True of Age Discrimination

question 50

Multiple Choice

Which of the following statements is true of age discrimination in the United States?

• A)The courts have not given government and employers any leeway in establishing age-based policies.
• B)Forced retirement for reasons of age is not permissible even if justified by the nature of a particular job or the performance of a particular employee.
• C)Age discrimination is among the forms of discrimination prohibited by the U.S.Constitution.
• D)Mandatory retirement ages for most jobs have been eliminated by law.
• E)Hiring bias on the basis of age is still allowed by all private companies but has been mostly abolished in government and public agencies.

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Definitions:

Nominal Interest Rates

The interest rate before adjusting for inflation, representing the face value of interest paid or received.

Real Interest Rates

The interest rate that has been adjusted to remove the effects of inflation, reflecting the true cost of borrowing.

Velocity of Money

The rate at which money is exchanged in an economy, reflecting the number of times a unit of currency circulates within a specific time period.

Nominal GDP

The market value of all final goods and services produced within a country in a given period, measured in current prices.