Which of the Following Statements Is True of the Wages

question 59

Multiple Choice

Which of the following statements is true of the wages of employees in the United States?

• A) Union members always receive more benefits than nonunion employees.
• B) The wages paid to union and nonunion members differ in the private sector.
• C) Union wages equaled nonunion wages only after the global recession of 2009.
• D) Union workers frequently get compensated better in terms of pay than do nonunion workers.

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Definitions:

Tax Revenue

The revenue collected by governments from taxes.

Tax

A compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization.

Excess Burden

The cost to society created by market inefficiency, particularly through taxation or other government policies, beyond the immediate financial effects.

Tax Revenue

The income that is gained by governments through taxation, which is used to fund public services and infrastructure.