According to Statistics Canada, When Age, Gender, Education, Industry, and Occupation

question 18

Multiple Choice

According to Statistics Canada, when age, gender, education, industry, and occupation are held constant, unionized workers:

• A) Earn 20-30% more than non-unionized workers
• B) Earn the same as non-unionized workers
• C) Earn less than 2% more than non-unionized workers
• D) Earn 7-14% more than non-unionized workers

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Definitions:

Futures Contract

A standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, typically traded on a futures exchange.

Futures Option

A financial derivative that gives the holder the right, but not the obligation, to buy or sell a futures contract at a specified price on or before a certain date.