The Worker Adjustment Retraining and Notification Act Requires That

question 99

Multiple Choice

The Worker Adjustment Retraining and Notification Act requires that:

• A) organizations with unionized operations negotiate any closings or layoffs that will affect employees within the bargaining unit.
• B) organizations with more than 100 employees conduct and publicize the results of an environmental, community impact study before a plant closing that will affect at least 50 full-time employees.
• C) organizations with 50 or more employees and $10,000 or more in federal contracts prepare and post an affirmation plan.
• D) organizations with more than 100 employees give 60 days' notice before any closings or layoffs that will affect at least 50 full-time employees.
• E) organizations with more than 50 employees give at least 30 days' notice before any closings or layoffs that will affect all full-time employees.

---

Definitions:

Marginal Tax Rate

The amount of tax paid on an additional dollar of income.

Bond Yield

The return an investor realizes on a bond, calculated by dividing the annual interest payments by the current market price of the bond.

Equally Weighted Index

An equally weighted index is a stock market index in which each constituent stock contributes equally to the index's value, regardless of the company's market capitalization.

Value-Weighted Index

A stock market index in which each component is weighted in proportion to its market value.