Which of the Following Is Used to Maintain Internal Equity

question 58

Multiple Choice

Which of the following is used to maintain internal equity?

• A)job analysis comparisons
• B)organizational charts
• C)incentive pay
• D)salary surveys

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Definitions:

Expected Inflation

The rate at which prices of goods and services are anticipated to rise over time, as forecasted by consumers, businesses, and economists.

Actual Inflation

The rate at which the general level of prices for goods and services is rising, and subsequently, eroding purchasing power.

Unemployment Rate

The unemployment rate is the percentage of the labor force that is jobless and actively seeking employment.

Expected Inflation

The rate at which the general level of prices for goods and services is anticipated to rise over a specified period.