An Employer May Justify Its Rejection of an Older Applicant

question 33

True/False

An employer may justify its rejection of an older applicant based on the grounds that it costs more to employ such workers.

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Definitions:

Subsidize

To provide financial assistance to individuals or businesses, typically done by the government to support specific economic activities.

Artifically Low Prices

Prices set below the market equilibrium through external interventions, often leading to shortages or excess demand.

Swedish Economy

The economic framework and practices of Sweden, characterized by a comprehensive welfare state, mixed economy, and high standard of living.