A Fidelity Bond Is An)

question 5

Multiple Choice

A fidelity bond is an) :

• A)contract prohibiting former employees from working for a competitor.
• B)insurance policy that reimburses a company for employee theft.
• C)employment contract for a specified period of time.
• D)promise by a company to safeguard customers' personal information.

---

Definitions:

Social Security

A government program that provides monetary assistance to people with an inadequate or no income.

Net Taxes

The difference between taxes paid to the government and transfers received from the government.

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price, where market supply and demand balance each other.

SRAS Curve

Short-Run Aggregate Supply curve, representing the relationship between the total supply of goods and services and the price level in the short run.