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Matching -People Were Afraid to Change Jobs in Fear of Losing

question 49

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Matching
-People were afraid to change jobs in fear of losing their health insurance. COBRA changed that, allowing people to purchase health care coverage between jobs.


Definitions:

Operating Income

Operating income refers to an organization's earnings before interest and taxes (EBIT), derived from its primary business activities excluding any earnings from investments and other non-operational activities.

Return on Investment

A performance measure used to evaluate the efficiency or profitability of an investment, calculated as the return divided by the cost of the investment.

Percentage

A ratio expressed as a fraction of 100.

Divisional Operating Income

Divisional operating income refers to the profit generated from the operations of a specific division within a company, excluding expenses and incomes that are not directly related to the division's operations.

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