Why Did State and Local Workers-Ranging from Firefighters to Teachers-Protest

question 51

Multiple Choice

Why did state and local workers-ranging from firefighters to teachers-protest in Wisconsin and several other states?

• A) They were upset that the government was going to make unions illegal.
• B) They feared that the state would force them to join expensive,ineffective unions.
• C) They were upset that their jobs were being outsourced to other countries.
• D) They feared the loss of their pensions,a reduction in their health benefits,and a loss of their right to collective bargaining.

Understand the relationship between quantity supplied/demanded and price movements.

Understand the concept and importance of residual claims in the context of stockholders' rights.

Comprehend the significance and accounting treatment of retained earnings within a corporation.

Learn the implications of issuing stock below par value and related accounting entries.