Which of the Following Is True Regarding Seniority

question 12

Multiple Choice

Which of the following is true regarding seniority?

• A) It refers to length of service or tenure.
• B) It is closely related to the type of job experience.
• C) It is closely related to the quality of job experience.
• D) It is a highly valid selection method.

---

Definitions:

Output

The total amount of goods and services produced by an economic system.

Price Level

An index of the average prices of goods and services in an economy over a given period of time, indicating the cost of living and inflation.

Price Level

A measure of the average price of goods and services in an economy at a given time, often used to discuss inflation or deflation.

Recession

A notable downturn in economic performance affecting the entire economy and persisting for several months.