Which of the Following Is True About Union Membership

question 145

Multiple Choice

Which of the following is true about union membership?

• A) Women are more highly unionized than men.
• B) A higher percent of white workers belong to unions than do African-American workers.
• C) The proportion of government employees belonging to a union is substantially higher than the proportion of private-sector workers who are union members.
• D) There is little difference in incidence of unionization among occupational categories.

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Definitions:

Externalities

Financial repercussions impacting parties who are not directly involved, which may manifest as either beneficial or detrimental outcomes.

Sole Proprietorship

A business owned and operated by one person, where there is no legal distinction between the owner and the business entity.

High-Coupon Bonds

Bonds that offer interest rates significantly above the market average to attract investors despite potential risks.

Low-Coupon Bonds

Bonds that offer a lower interest rate compared to other bonds on the market.