Question

Which of the following is true of the several options available to reduce an expected labor surplus? a.The human suffering after pay reduction is relatively low. b.A hiring freeze causes immense human suffering. c.Transfers cause the least amount of human suffering. d.Retraining causes comparatively more human suffering than other options. e.Early retirement causes relatively less human suffering.

Answer 1

Answer:E. Early retirement causes relatively less human suffering.

Step-by-step explanation:

In reducing surplus labor that will be of less human suffering among the above options is "Early retirement " is considered. Retirement is withdrawal from active work after putting in years of active work for an organization, it might be voluntary or forced.

While early retirement which caused less human suffering is true, is because retirement comes with benefits like; severance package and pension.