The negative supply shock would most likely be ranked as the least preferred type by an economic policy maker.
<h3>What is a
negative supply shock?</h3>
It refers to a change in supply which resulted to a decreases output causing prices to increase.
Among other supply shock, this is least preferred type of supply shock by an economic policy maker.
Therefore, the Option D is correct.
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Under the new contract, pre-existing conditions exlusion may reduce the insured's benefits.
<h3>What is an insurance policy?</h3>
The insurance policy, which establishes the claims that the insurer is legally obligated to pay, is a contract (often in standard form) between the insurer and the policyholder. The insurer guarantees to reimburse losses brought on by risks covered by the policy language in return for an upfront payment known as the premium.
Insurance contracts have several aspects not present in many other types of contracts since they are created to address certain needs. Insurance policies contain boilerplate language that is common to many different types of insurance policies because they are standard forms.
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Answer:
True
Explanation:
1. Usually wages are paid by the number of hours spent working.
For example, someone who works as a warehouse supervisor may be paid hourly for the amount of time spent on the job.
2. Salary is usually the amount paid for services rendered, it is valued in cash, and does not include non-cash compensation like medical insurance.
For example, a person may be paid $15,000 (fixed amount) each month not necessarily considering the number of hours spent on job.
3. Bonuses are categorised under non cash compensation, because they are benefits added to employee's salary such as:
Annual bonuses or commissions, life insurance etc.
True in most organisations annual bonuses are paid within two and half months after end of year in the year they were earned.
G) Superspeed.
Who knows what you can do in terms of work, getting places and other things related to business and personal life.
Task Variety.
Task variety is the extent to which a job is done from start to finish. Victoria's company used to have HIGH task variety because each employee was doing all different functions. She has changed to a lower task variety where each employee works on a specific task and only that task.