Which of the Following Requires That Employers of 100 or More

question 3

Multiple Choice

Which of the following requires that employers of 100 or more employees give 60 days' notice before closing a facility or starting a layoff of 50 or more people?

• A) COBRA
• B) ERISA
• C) Worker Adjustment and Retraining Notification Act
• D) Electronic Communications Privacy Act

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Definitions:

Optimal Choice

The best possible selection from a set of alternatives, given constraints and objectives.

Long-Run Equilibrium

A state in market conditions where all producers and consumers have fully adjusted to any changes in the market, with no excess supply or demand, and all firms are earning normal profit.

Attendance

The act of being present at a location or event, often monitored for purposes such as education, employment, or participation.

Payoff Matrix

A table that shows the potential outcomes or payoffs resulting from different strategies employed by players in a game.