A Rational Worker

question 40

Multiple Choice

A rational worker:

• A)always works for the least number of hours.
• B)always works for the highest money wage,other things being equal.
• C)never acts under conditions of uncertainty.
• D)deals only with positive and never with normative issues.
• E)would never quit a job until he or she had a better one

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Definitions:

Employee Retirement Income Security Act

A federal law that sets standards for most voluntarily established retirement and health plans in private industry to provide protection for individuals in these plans.

Federal Law

Legislation enacted by the national government and applicable throughout the country.

Pension Plans

Financial arrangements that provide individuals with income upon retirement, often through contributions made by employers or employees during the individual's working life.

FMLA

The Family and Medical Leave Act, a U.S. federal law that provides eligible employees with unpaid, job-protected leave for certain family and medical reasons.