Reference no: EM132286569
1. Estimates of the number of people in extreme poverty have fallen by approximately 300 million since 1990; this reduction has been
A. concentrated essentially in one country
B. diffuse throughout the world
C. apparent in a few countries
D. restricted to South America and Asia
2. Which of the following is NOT a type of economic? system?
A Democratic economy
B State capitalist economy
C Market economy
D Command economy
E Mixed economy
3. Global trade after the recent economic downturn has ________.
A) increased dramatically
B) decreased dramatically
C) increased, then decreased significantly
D) remained slow
4. The majority of growth in the U.S. employment recently has been in this area.
A) Low paying jobs
B) High paying jobs
C) Technology jobs
D) Full-time jobs
5. COBRA is an amendment to which federal law?
A) IRCA
B) HIPPA
C) ERISA
D) FLSA
6. Top-heavy provisions ensure minimum benefits for key employees.
A) True
B) False
7. The degree to which an increase in benefit costs is passed along to employees in the form of lower cash wages generally depends on the following factors?
a) The cash value employees place on the benefits
b) The degree to which employers will increase or decrease their hiring when the market compensation level decreases or increase.
c) Whether the benefit cost increases for all employers in a market or for a particular employer
d) All of the above