Consolidated Omnibus Budget Reconciliation Act (COBRA) is a law that gives workers the right or permission to temporarily keep their medical coverage provided by their health plan after termination.
What is COBRA?It is a federal health/safety law, passed in 1985, that allows workers after termination the right to stay in the same health insurance plan they previously had.
It seeks for workers and their families to continue their employer-sponsored “job” insurance if that insurance would end due to job loss or divorce or death in the family.
Therefore, we can conclude that COBRA is a law that gives workers the right or permission to temporarily keep their medical coverage provided by their health plan after termination.
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Explain how inflation expectations are like a self-fulfilling prophecy. They are self-fulfilling because
Inflation expectations are like a self-fulfilling prophecy because inflation managers will raise their prices by whatever rate they expect and create that level of inflation.
What is inflation?Inflation is a persistent rise in the general price levels. When inflation managers expect the inflation rate to be a certain percentage, the increase prices by that percentage in anticipation of the inflation. Thus, as a result, inflation would increase by the amount expcected by the inflation managers.
Here are the options of this question:
they end up breaking the vicious cycle of demand-pull inflation.
whatever rate of inflation managers expect, they will end up creating that amount of unexpected inflation.
inflation managers will raise their prices by whatever rate they expect and create that level of inflation.
inflation actually changes by the amount of unexpected inflation.
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