Which of the Following Explains Why the Relationship Between Age

question 34

Multiple Choice

Which of the following explains why the relationship between age and job performance is likely to be of increasing importance during the next decade?

• A) The workforce is shrinking, and older workers are compelled to work beyond retirement.
• B) A decline in immigration has opened up more entry-level positions for older workers.
• C) Increasing job opportunities are opening up in the domestic sector, resulting in a dearth of employees.
• D) U.S. legislation, in effect, outlaws mandatory retirement.
• E) A majority of people believe that productivity rises as a person grows older.

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Definitions:

Clayton Act Section 7

A provision of the Clayton Antitrust Act that prohibits mergers and acquisitions when the effect may be substantially to lessen competition, or to tend to create a monopoly.

Anticompetitive Effect

Any action, law, or policy that reduces the level of competition in a market, potentially leading to harmful effects such as higher prices or reduced innovation.

Relevant Market Definition

The identification of the bounds of competition including both the geographic and product spaces in which firms compete.

Federal Trade Commission (FTC)

A U.S. federal agency established for the purpose of protecting consumers and promoting competition by preventing anticompetitive, deceptive, and unfair business practices.