Question 1

Travelers Insurance has "un-retirement parties" in which they

Accepted Answer

A)   encourage older employees not to retire.
B)   hire retired employees from other firms.
C)   hire back pensioned workers part-time when they are needed.
D)   replace full-time younger employees with job-sharing retirees.E) A) and B)
F) A) and C)

Question 2

The pattern of easing older workers out of the workplace is seen in all industrialized nations.

Accepted Answer

A) True 
 B)False

Question 3

The Older Workers Benefit Protection Act prohibits employers from forcing early retirement and receiving a deduction in pension.

Accepted Answer

A) True 
 B)False

Question 4

What factors are contributing to the trend of early retirement?

Accepted Answer

Several factors are contributing to the ...

Question 5

Leisure pursuits in the U.S.

Accepted Answer

A)   are being rejected by most elders as a waste of time or energy.
B)   are becoming more accepted as worthwhile.
C)   have become as sacred as the work ethic.
D)   are not possible for most retirees because of limited finances.E) None of the above
F) A) and B)

Question 6

According to your text,retirement in the United States today

Accepted Answer

A)   occurs when a person definitively stops working and withdraws from the formal labor market.
B)   usually involves some dependence on family, charity, or public welfare.
C)   is primarily the result of lack of health to continue working , disability, or becoming unemployed and being unable to find a job.
D)   is a person's definitive economic inactivity, with income replaced by pensions, assets, Social Security earnings, and other sources.E) B) and C)
F) C) and D)

Question 7

What evidence suggests age discrimination exists in the U.S.workplace? Give specific examples of kinds of discrimination that exists. Why do employers discriminate against older workers?

Accepted Answer

Age discrimination in the U.S. workplace...

Question 8

The Green Thumb program of the federal government

Accepted Answer

A)   hires older people in or near poverty to plant trees, build parks, and beautify highways.
B)   provides gardening classes for elderly Americans.
C)   recruits elderly volunteers to hand out brochures at national parks.
D)   offers free passes to national parks for elderly retirees.E) B) and D)
F) A) and D)

Question 9

In a Supreme Court decision regarding the retirement plan of the Lockheed corporation,the court introduced the concept of "retirement sham"

Accepted Answer

A)   which refers to early retirement plans that are instituted as a way of downsizing to avoid layoffs.
B)   which means if early retirement benefits are purely a sham, the court can determine a company's assets were misused.
C)   and specified the particular conditions of how egregious a plan must be to be considered a sham.
D)   which demonstrated the likelihood that court rulings will favor people who seek redress for unfair requirements of early retirement programs.E) A) and D)
F) A) and C)

Question 10

The trend toward early retirement

Accepted Answer

A)   involves predominantly people with poor health.
B)   is common for government workers but uncommon in private industry.
C)   is common among white-collar and blue-collar workers.
D)   is dramatically reversing as the health of older people improves.E) A) and D)
F) None of the above

Question 11

Which of the following are reasons employers discriminate against older workers?

Accepted Answer

A)   Younger workers will accept lower wages.
B)   To protect a company's pension funds.
C)   Older, tenured workers tend to receive higher salaries and more vacation time.
D)   All of these choices.E) All of the above
F) A) and B)

Question 12

The Pew Research results showed that American workers were inclined to delay retirement based on

Accepted Answer

A)   a decrease in household income.
B)   the lack of retirement benefits.
C)   the retirement income lost based on the recent recession.
D)   time spent unemployed.E) None of the above
F) All of the above

Question 13

A primary reason for early retirement inducements offered by corporations is

Accepted Answer

A)   older workers are less reliable because of health problems.
B)   to make room for the ever increasing supply of younger workers.
C)   companies have to pay more money in insurance benefits for older than younger workers.
D)   to downsize operations in order to cut costs and reduce the number of employees aged 50 and over.E) A) and C)
F) A) and B)

Question 14

The lower one's socioeconomic status,the later one retires.

Accepted Answer

A) True 
 B)False

Question 15

Retirees with strong work values

Accepted Answer

A)   are among the least satisfied retirees.
B)   participate more in social activities.
C)   are drawn to political activism.
D)   tend to redirect their energies toward highly competitive leisure activities.E) All of the above
F) B) and C)

Question 16

Your text argues that with transferable retirement benefits

Accepted Answer

A)   more workers would retire early.
B)   companies would be more inclined to hire the middle-aged.
C)   workers would change jobs more often and lose a sense of permanence.
D)   workers would be more satisfied with their work and choose to retire later.E) B) and C)
F) C) and D)

Question 17

From 1950 to 1990,the median retirement age dropped from 67 to 63.

Accepted Answer

A) True 
 B)False

Question 18

The age category that has suffered the most from corporate downsizing is ages

Accepted Answer

A)   25 to 30.
B)   35 to 45.
C)   45 to 55.
D)   60 to 65.E) All of the above
F) A) and B)

Question 19

Job sharing has been found to

Accepted Answer

A)   lower absenteeism.
B)   result in lower turnover.
C)   increase morale.
D)   All of these choices.E) C) and D)
F) A) and B)

Question 20

Compared to middle-age workers today,the cohorts who have retired since the 1970s

Accepted Answer

A)   had higher Social Security benefits.
B)   were less likely to have pension plans.
C)   had wives in the work force.
D)   had more elderly parents needing care.E) C) and D)
F) B) and D)

Exam 8: Work and Leisure

The lower one's socioeconomic status,the later one retires.

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A primary reason for early retirement inducements offered by corporations is

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Job sharing has been found to

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In a Supreme Court decision regarding the retirement plan of the Lockheed corporation,the court introduced the concept of "retirement sham"

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What factors are contributing to the trend of early retirement?

Correct AnswerAnswered by ExamLex AISeveral factors are contributing to the ...View AnswerShow Answer

Retirees with strong work values

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The age category that has suffered the most from corporate downsizing is ages

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Which of the following are reasons employers discriminate against older workers?

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The Pew Research results showed that American workers were inclined to delay retirement based on

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Your text argues that with transferable retirement benefits

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Travelers Insurance has "un-retirement parties" in which they

Correct AnswerverifiedShow Answer

What evidence suggests age discrimination exists in the U.S.workplace? Give specific examples of kinds of discrimination that exists. Why do employers discriminate against older workers?

Correct AnswerAnswered by ExamLex AIAge discrimination in the U.S. workplace...View AnswerShow Answer

Leisure pursuits in the U.S.

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From 1950 to 1990,the median retirement age dropped from 67 to 63.

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The pattern of easing older workers out of the workplace is seen in all industrialized nations.

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According to your text,retirement in the United States today

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The Older Workers Benefit Protection Act prohibits employers from forcing early retirement and receiving a deduction in pension.

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The trend toward early retirement

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Compared to middle-age workers today,the cohorts who have retired since the 1970s

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The Green Thumb program of the federal government

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Age discrimination in the U.S. workplace...
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