What Is Likely the Primary Reason That Business Groups in Massachusetts

question 5

Multiple Choice

What is likely the primary reason that business groups in Massachusetts accepted the fair share employer mandate?

• A)By choosing to sit at the table and negotiate an employer fee, the business community was likely able to avoid far more burdensome costs.
• B)Employers sought to shape the legislation to require payment of a percentage of payroll rather than a flat fee per employee.
• C)Most employers, large and small, were highly idealistic in that time period.
• D)Actual reform seemed unlikely given the partisan split between the Governor and the legislative leaders.

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Definitions:

Liquid Asset

Assets that can be quickly and easily converted into cash without significant loss in value.

Store Of Value

An asset that can be saved, retrieved, and exchanged at a later time, and is predictably useful in the future to purchase goods and services.

Medium Of Exchange

A system or object that is widely accepted in exchange for goods and services, facilitating trade by eliminating the need for a barter system.

Unit Of Account

A standard numerical monetary unit of measurement that provides a uniform measure of the value of goods and services.