For Those Workers Who Are Given Fringe Benefits Such as Health

question 7

Multiple Choice

For those workers who are given fringe benefits such as health insurance and pensions, the additional income this amounts to over and above the average hourly wage can be as much as (for some workers)

• A)10-12% 
• B)30-40% 
• C)51-62%% 
• D)70% or more

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Definitions:

Unregulated Capitalism

An economic system without governmental oversight and control, where the free market dictates prices, production, and distribution of goods and services.

Cosmopolitan Character

The quality of being familiar with and at ease in many different countries and cultures, often associated with an openness to new ideas and diversity.

Treaty of Versailles

The peace treaty that officially ended World War I in 1919, imposing significant reparations and territorial changes on Germany.

Franklin Roosevelt

The 32nd President of the United States (1933–1945), he led the country during the Great Depression and World War II, implementing the New Deal.