These Are Positive Employer Gestures That Beyond What Was Required

question 37

Multiple Choice

These are positive employer gestures that beyond what was required by law,created in part to thwart potential union activity.

• A) employee benefit plans
• B) welfare practices
• C) scientific management practices
• D) compensable factors

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Definitions:

Inelastic Demand

A situation where the demand for a product does not change significantly in response to a change in its price.

Income Elasticity

A measure that shows how a change in income affects the demand for a good or service.

Recession

A significant decline in economic activity spread across the economy, lasting more than a few months, visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Plasma Screen

A type of display technology used in televisions and computer monitors, known for its bright, clear images and wide viewing angles.