If a Firm Changed Its Fringe Benefit Program So That

question 35

Multiple Choice

If a firm changed its fringe benefit program so that no employee suffered a loss in benefits and some employees enjoyed an increase in benefits,then

• A)this could not be a Pareto improvement
• B)the firm's policies are economically efficient
• C)this could be a Pareto improvement
• D)the firm's policies are fair
• E)the firm is losing money

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Definitions:

Public's Attitude

The collective opinions, beliefs, and feelings of the general population towards particular issues, events, or subjects at any given time.

Office of War Information

A U.S. government agency created during World War II to consolidate existing government information services and promote propaganda domestically and overseas.

Domestic Propaganda

Information, especially of a biased or misleading nature, used to promote or publicize a particular political cause or point of view within a country.

Personal Income

The total earnings received by an individual, including wages, salaries, and other sources, before taxes and other deductions.