Union Membership of Employed Individuals in the United States _____

question 75

Multiple Choice

Union membership of employed individuals in the United States _____.

• A) has remained constant over the years
• B) has decreased over the years
• C) has mostly remained steady with slight increases during certain time periods
• D) steadily declined till the mid-1990s and then increased considerably

---

Definitions:

Risk-Free Rate

The theoretical rate of return of an investment with zero risk of financial loss, often represented by the yield of government bonds from stable governments.

Market Risk Premium

This is the extra return expected by investors for holding a risky market portfolio instead of risk-free assets.

Security Market Line

A line that represents the risk versus expected return of the market; used to assess the performance of investments compared to the market.

Systematic Risk

The inherent risk associated with the overall market or economy that cannot be eliminated through diversification.