Which of the Following Items Is a Component of the Compensation

question 24

Multiple Choice

Which of the following items is a component of the compensation strategy?

• A) employee benefits
• B) employment security
• C) promotion criteria
• D) compensation plan

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Definitions:

Marginal Propensity

The tendency of an individual or population to consume or save an extra unit of income.

Lump-Sum Taxes

Taxes that are a fixed amount, not varying with the income or wealth of the taxpayer, and are paid at one time instead of in installments.

Budget Deficit

A situation where a government's expenditures exceed its revenues during a specified period of time, leading to borrowing or debt accumulation.

Discretionary Fiscal Policy

Government policy involving the use of government spending and taxation levels to influence the economy, based on current conditions.