In the context of evaluation formats, which of the follwing is true of the alternation ranking method? It requires raters to evaluate employees on some absolute standard rather than relative to other employees. It selects specific jobs based on certain predefined criteria and leaves out the rest. It simplifies the ranking process by forcing raters to make ranking judgments about discrete pairs of people. It recognizes that raters are better at ranking people at extreme ends of a distribution.Michael was laid off by his company owing to budget cuts. Before being laid off, he earned $1000 per week. If he has been receiving unemployment insurance benefits for 26 weeks, which of the following statements is true in this scenario? Michael will now only be eligible for 20 percent of his previous income as unemployment benefits. Michael is no longer eligible for unemployment benefits. Michael is eligible for $1000 per week if he can show that he has been earnestly searching for jobs. Michael can continue to avail unemployment benefits for another 26 weeks