A Worker Association That Bargains with Employers Over Wages and Working

question 108

Multiple Choice

A worker association that bargains with employers over wages and working conditions is called

• A)a strike.
• B)an oligopoly.
• C)a firm.
• D)a union.

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Definitions:

Debt

money that is owed or due to be paid to someone else, often as a result of borrowing funds.

Investment Account

An account held at a financial institution that is used for investing in securities, such as stocks, bonds, and mutual funds.

Withdraw

The process of withdrawing money from a bank account or investment.

Compounded Monthly

It's the practice of assessing interest each month, by adding up both the initial amount invested or borrowed and the subsequent interest that's accumulated over time.