A Flexwork Program That Permits Regular Part-Time Work Where the Duties

question 39

Multiple Choice

A flexwork program that permits regular part-time work where the duties for one job are divided between two people is called:

• A) a flextime program.
• B) job sharing.
• C) compressed work weeks.
• D) voluntarily reduced work time programs.

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Definitions:

Monetarists

Economists who believe that variations in the money supply have major influences on national output in the short run and the price level over longer periods, as well as on inflation.

Money Supply

The overall quantity of currency and other liquid instruments circulating in an economy at a particular time.

Recession

A significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Supply-Side Economics

An economic theory that advocates for lower taxes and deregulation to stimulate production and economic growth.