Layoffs are described as the suspension of employees. The above statement is false, that the layoffs only happen to bad employees because this may happen with any employees.
<h3>What are layoffs?</h3>
A layoff is described as the act of an employer temporarily or permanently hanging or changing a worker, excluding an employee's real performance.
A layoff may occur to a determined worker whose occupation has been destructed because an employer has closed its operation or displaced.
Layoffs take place when an employer is compelled to block relations with its employees for justifications that are not subject to their execution.
Companies' failure or the decrease in production levels are common origins of big layoffs. It has zero to do with whether an employee is awful or not.
Therefore, The given statement is false.
Learn more about the layoffs, refer to:
brainly.com/question/1357989
For the answer to the question above asking if <span>Mark and his friends regularly buy hot dogs from Jeff’s cart. Recently, Andrea opened a business selling two-for-one hamburgers near Jeff’s cart. What will be effect on Jeff’s hot dog cart?</span><span>
the answer is, the demand for his hotdogs will decrease because he will have competitors.</span>
Answer:
a) real income in one year = $65,000/1.05 = $61,904.76
real income in two year = $65,000/1.05² = $58,956.92
real income in three year = $65,000/1.05³ = $56,149.44
b) if you have a COLA agreement, then your salary will adjust to inflation. This means that your real salary will remain the same during the 3 years = $70,000 per year.
In this case, your nominal salary will increase by 5% each year, but your salary will remain equal.