Which of the Following Is Most Likely to Occur If

question 166

Multiple Choice

Which of the following is most likely to occur if a union can transfer profits from a unionized employer to union workers?

• A) The investment expenditures of the unionized employer will tend to fall.
• B) Employment in the nonunion sector will tend to fall.
• C) The costs of the unionized employer will tend to fall.
• D) The output of the unionized employer will tend to increase.

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Definitions:

Sundry Liabilities

Various small or infrequent debts and liabilities not classified in the main liabilities categories on a company's balance sheet.

One-Line Method

A consolidation technique, often used in accounting for investments, where only the net income and not the detailed financial activities of an affiliate are included in the parent company's financial statements.

Jointly Controlled Operations

Business activities where control and management responsibilities are shared among two or more parties, often under a joint venture agreement.

Disclosure

The act of making financial information known to the public, typically through financial statements and other official reports, ensuring transparency and accountability.