If Unions Help Workers Secure Pension Benefits, So That Those

question 40

Multiple Choice

If unions help workers secure pension benefits, so that those workers are less dependent on government social assistance after their retirement, then

• A) the for-profit unionized industries will be less productive.
• B) the for-profit unionized industries will be harmed.
• C) the union is economically harmful.
• D) the union is economically beneficial.

---

Definitions:

Sales Opportunity

A situation or instance where there is a potential for a business to sell its products or services, often identified through marketing and analysis.

Inflation-Adjusted

Describes values that have been adjusted for inflation, often to compare the real purchasing power of money or to reflect the real value of earnings or assets over time.

Exchange Rate

The price of one country's currency expressed in another country's currency.

Purchasing-Power Ratio

The relative value of two currencies in terms of their ability to purchase a specific set of goods and services.