According to the Text, All of the Following Contributed to the Decline

question 28

Multiple Choice

According to the text, all of the following contributed to the decline of labor unions except

• A) the growth of occupations (such as the service sector) in which labor unions were weak.
• B) the growth of regions (such as the South) in which labor unions were weak.
• C) increased automation that made it easier for companies to break strikes.
• D) changes in labor laws that made it harder for unions to organize.
• E) increased competition led companies to raise wages in an effort to persuade workers they didn't need unions.

---

Definitions:

Cost of Borrowing

The total charges, including interest and any other fees, that a borrower incurs when taking out a loan.

After-Tax Cost

The expense of an expenditure or investment after accounting for the effects of taxes.

Operating Lease

A lease agreement allowing a company to use an asset without ownership, often with shorter terms compared to a finance lease.

Lessor

A lessor is an entity that leases an asset to another party, known as the lessee, typically under a lease agreement.