During the First Half of 2000, Which of the Following

question 53

Multiple Choice

During the first half of 2000, which of the following groups of Canadian workers were most likely to be union members?

• A) nurses
• B) blue-collar workers
• C) secretaries
• D) clerks

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Definitions:

Market

A place or system where buyers and sellers interact to exchange goods, services, or information.

Consumer Surplus

Consumer Surplus is the difference between the highest price a consumer is willing to pay for a good or service and the actual price they pay.

Tax

A mandatory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Reduction

The act of making something smaller or less in amount, degree, or size.