The majority of union members in the United States belong to unions that are:
A. affiliated with the United Workers of America (UWA).
B. affiliated with the AFL-CIO.
C. independent unions that are not affiliated with the AFL-CIO.
D. growing rapidly in membership.
Answer: B
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The CPI in 1990 was 131, and the CPI in 2010 was 218. If you earned a salary of $40,000 in 1990, what would be a salary with equivalent purchasing power in 2010?
A) $45,977 B) $66,565 C) $87,200 D) $143,486
Luke purchases a $50,000 face value one-year Treasury bill for $46,296.30, and the next day investors decide they will only buy one-year Treasury bills if they receive an interest rate of 4%
If Luke decides to sell his Treasury bill to another investor the day after he purchased it, he will A) receive a capital gain of $1,780.62. B) receive a capital gain of $2,000.00. C) suffer a capital loss of $1,923.08. D) suffer a capital loss of $1,851.85.
If you believe that all workers should be paid the same, you believe in the
A) egalitarian principle. B) productivity standard. C) benefits standard. D) comparative worth principle.
In general, the price elasticity of demand for milk will be less than that for Apple's iPod
Indicate whether the statement is true or false