Which of the Following Statements Is FALSE

question 32

Multiple Choice

Which of the following statements is FALSE?

• A) Mark is a contingent employee of Perspectivo. He can legally work for another organization at the same time.
• B) Amy works for Perspectivo as a contingent worker. For legal purposes, she is an employee.
• C) Clark works for Perspectivo through an employment agency. Clark is a contingent employee.
• D) Gidget is an independent contractor for Perspectivo. Her contract limits her pay and the time period for which she will do work for Perspectivo.

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Definitions:

Substitute Goods

Products or services that can be used in place of each other, where an increase in the price of one leads to an increase in demand for the other.

Income

The financial gain earned or received over a period of time, typically through employment, investments, or business operations.

Flow Measure

A term used in economics to describe a quantity measured over a specified period of time, such as income per month or spending per year.

Quantity Demanded

The total number of units of a product or service that purchasers are eager and capable of procuring at a designated price level.