From 1950 to 2008, Union Membership Has Declined from More

question 102

Multiple Choice

From 1950 to 2008, union membership has declined from more than 30 percent of the workforce to approximately 12 percent. Over this period, the share of national income going to labor

• A) declined substantially.
• B) increased substantially.
• C) remained approximately the same.
• D) initially increased but has fallen recently.

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Definitions:

Liquidating

The process of converting assets into cash or cash equivalents by selling them.