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3.1-3.2 Quiz

Last updated over 3 years ago

5 questions

1

1

1

1

4

Question 5

5.

Jane currently makes $40,000 but doesn't get health insurance through her employer. She has to buy her own health insurance for $325 a month. She gets a job offer with a salary of $39,000 and employer provided health insurance.

If we only consider her wages and health insurance, should Jane accept the new job offer? Why or why not?

Question 1

1.

Match each term with its definition.

Draggable item		Corresponding Item

Question 2

2.

More education and training leads to...

higher pay and lower unemployment.

lower pay and lower unemployment.

lower pay and higher unemployment.

higher pay and higher unemployment.

Question 3

3.

Which of the following is not a benefit usually offered by employers?

Health insurance

Retirement plan

Vacation time

Free housing

Question 4

4.

Bob currently works as a Junior Software Developer. He makes $45,000 a year. His boss offers him a promotion to become a Development Team Leader. His income would increase to $55,000 a year. What should he consider before accepting the new position?

CHOOSE TWO

The average salary of a team leader at other companies.

How much printing new business cards will cost.

Whether his coworkers want him to be their leader.

Career

The skills, knowledge, and experiences possessed by an individual

Employee Benefits

Grouping of jobs that perform similar tasks

Cost of Living

A lifetime journey of building and applying skills, knowledge, and experiences in paid
employment positions

Occupation

The level of material comfort as measured by the goods, services, and luxuries you are able
to purchase

Human Capital

The average cost of basic necessities, such as housing and food

Standard of Living

Products or services provided by an employer that provide extra value beyond wages

The duties and responsibilities for the new position.