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:

Nonpublic Corporation

A corporation whose shares are not traded publicly on stock exchanges and is usually privately held, often family-owned or with a small group of investors.

Transferable

A feature of an asset or financial instrument that allows it to be transferred or sold from one party to another without restriction.

Nonprofit Corporation

An organization established for purposes other than making a profit, such as charitable, educational, or cultural.

Members

Individuals who are formally part of an organization, group, or body, often with specific rights and responsibilities.