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A recession causes a decrease in the demand for housing, resulting in substantial layoffs in the construction industry. This is an example of
Pensions
Retirement plans that provide a fixed income to individuals who are no longer working due to age or disability.
Stock Options
Financial incentives given to employees, granting them the right to buy company shares at a set price after a certain period.
Executive Base Pay
The core salary paid to an executive, not including bonuses, incentives, and other forms of compensation.
Options Granted
Refers to the provision of stock options to employees as a form of compensation, giving them the right to purchase company stock at a future date at a predetermined price.
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