Which of the Following Is True

question 426

Multiple Choice

Which of the following is true?

• A) The proportion of female workers who are union members is higher than the proportion of male workers.
• B) The proportion of government employees who are union members is higher than the proportion of private sector workers.
• C) The proportion of workers in southern states who are union members is higher than the proportion in northern states.
• D) The proportion of white workers who are union members is higher than the proportion of black workers.

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Definitions:

Equilibrium Quantity

The quantity of goods or services supplied that is equal to the quantity demanded at the market equilibrium price.

Subsidies

Financial support extended by the government to stimulate an industry or reduce the prices of goods and services for consumers.

MBA Degree

A Master of Business Administration degree, a graduate-level education that focuses on the theoretical and practical aspects of business and management.

Externalities

Economic side effects or by-products that affect uninvolved third parties; can be negative (like pollution) or positive (like education benefits), and are not reflected in market prices.