If we are hired by an organization, we would be least hurt by inflation if "the government increases social security retirement payments in anticipation of expected inflation".
<h3>What is
social security retirement payments?</h3>
Benefits from Social Security offer qualified retired adults and those with disabilities, as well as their spouses, children, and survivors, a portion of a replacement income.
To be eligible for benefits, a person must contribute to the Social Security system during their working years and accumulate 40 credits.
The role of social security in protecting against inflation are-
- Because Social Security benefits are adjusted to the Consumer Price Index for Urban Wage Earners and Clerical Workers, it is often assumed that recipients are protected from inflation (CPI-W)
- A cost-of-living adjustment (COLA) is a yearly increase to your benefit that Social Security calculates based on inflation, if any, in addition to any calculations based on your earnings.
- Social Security replaces a percentage of your pre-retirement income based on their lifetime earnings.
To know more about the Consumer Price Index, here
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Answer: (C) Mission statement
Explanation:
Mission statement is one of the type of organization statement that is developed by the manager for the various types of fundamental purpose in an organization.
The primary objective of the mission statement in an organization is that it deals with the strategic planning by achieving long term goals.
According to the question, the employees worked with the manager in an organization for developing the mission statement that helps in outline the various types of fundamental process.
Therefore, Option (C) is correct.
An economist would conclude that when goods are not rationed by monetary price or lottery, other rationing mechanisms like waiting arises.
Here, many people were willing to wait for more than two hours to see the rare flower. The visiting was arranged in such a way that first come, first see. The rareness of the flower made no option but to wait in line to see it.
In an economist's perspective, he will compare the flower to the goods. There is rationing for food through monetary and lottery mechanisms. But if there were no mechanisms like this, then waiting will be the only way to consume goods. Here, because the flower was rare, it cannot be rationed by price. But we are still able to ration goods by price. If someday, there will be lack of goods, then the only rationing mechanism we could opt will be waiting in lines.
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Answer:
The answer is: snowball sampling technique
Explanation:
Snowball sampling is used when researchers (or research participants) recruit other participants for a study. Usually it is used when participants are hard to find. The term snowball refers to the idea that once the snowball starts rolling, it will begin to pick up more snow on the way down, increasing in size.
Answer:
The driver will pay $10,000, because the insurance company can pay max $75,000 as regulated in term "insurance limit 100/250/75"
Explanation:
the insurance limit 100/250/75 coverage, which translates into $100,000 coverage per person for bodily injury, including death, that you cause to others; $250,000 in bodily injury per accident; and property damage up to $75,000.
