Which of the Following Statements Is True

question 351

Multiple Choice

Which of the following statements is true?

• A) The share of income going to labor has increased during periods when union membership has increased as a proportion of the U.S. labor force.
• B) Inflation in the United States has tended to accelerate as the proportion of the U.S. labor force that is unionized has increased.
• C) Higher wages in the unionized sectors of an economy will also push up wages in the nonunion sectors.
• D) High real wages cannot be achieved and sustained without increases in output per worker hour.

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Definitions:

Contact Management

The process of storing, organizing, and managing information about people and companies with whom you have business relationships.

Call Reluctance

Call reluctance is the hesitation or fear of initiating contact with potential clients or leads, often seen in sales environments, which can impede sales effectiveness.

Salespeople

Professionals who are involved in selling products or services to customers.

Law of Averages

The principle that over a large number of events, outcomes will roughly equal the probability of occurrence over time.