Which of These Is a True Statement About Workers' Experiences

question 123

Multiple Choice

Which of these is a true statement about workers' experiences from 1979 to 1996?

• A) Worker's buying power increased as the economy boomed.
• B) Corporations maintained profits by downsizing and exporting jobs overseas.
• C) Labor union strength helped hold the line on some wage decreases.
• D) The Black and Hispanic jobless rate was consistent with that of whites and other demographic groups.
• E) The new service sector provided opportunities for good-paying jobs to those without training.

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Definitions:

Location Analysis

The process of finding the most suitable location for a business or service, based on various factors such as cost, accessibility, and market demand.

Total Shipping Costs

The complete expenses involved in transporting goods from one location to another, including freight, packaging, handling, and insurance.

Northwest Corner Allocation

A method used in operations research for solving transportation problems by starting allocations in the northwest (top-left) corner of a cost matrix and moving through the matrix to minimize costs.

Northwest-Corner Rule

A procedure in the transportation model where one starts at the upper-left-hand cell of a table (the northwest corner) and systematically allocates units to shipping routes.