Nicole,a Human Resource Manager at an Electronics Firm,observes That Many

question 12

Multiple Choice

Nicole,a human resource manager at an electronics firm,observes that many employees who are reaching the traditional retirement age are not interested in leaving the organization.Which of the following statements best explains the reason for this trend among older employees?

• A) there are laws against gender discrimination
• B) there is a rise in the availability of pensions
• C) jobs are becoming less physically demanding
• D) phased-retirement programs require employees to work longer hours
• E) older workers generally don't have much debt

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Definitions:

Short-Run Equilibrium

A state in economics where demand equals supply, resulting in market stability over a temporary period.

Long-Run Aggregate-Supply Curve

Illustrates the total production of goods and services in an economy at different price levels when input prices fully adjust to changes in the price level.

Expansion

The increase in the scale of production or operation by a company, often involving larger facilities, workforce, and entering new markets.

Aggregate Demand

The all-inclusive demand for products and services within an economic framework, priced at a specific level throughout a determined timeframe.