A Reduction in Force (RIF) Decreases the Size of the Federal

question 6

Multiple Choice

A reduction in force (RIF) decreases the size of the federal workforce by:

• A) allowing individuals to be removed from their jobs for reasons other than cause.
• B) eliminating entire departments and agencies.
• C) prohibiting the replacement of employees who leave or retire voluntarily.
• D) creating an early retirement program for older individuals who will not be replaced.
• E) eliminating half of a particular agency's workforce.

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Definitions:

Product Differentiation

The process by which companies distinguish their products from those of competitors, through design, features, branding, quality, or other attributes.

Product Differentiation

The process of distinguishing a product from others in the market to attract a specific target market.

Demand Curve

A graphical representation showing the relationship between the price of a good and the quantity of that good that consumers are willing and able to purchase at various prices.

Economic Profit

The variance between an enterprise's aggregate income and total outlays, taking into account both clear and assumed costs.