As a Union Member, Kim Is Most Likely to Favour

question 89

Multiple Choice

As a union member, Kim is most likely to favour which of the following terminal values the most

• A)honesty
• B)courage
• C)freedom
• D)family security
• E)a world of peace.

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Definitions:

Disinflation

A reduction in the rate of inflation, indicating a slowdown in the increase of price levels across the economy, but not an absolute decline in prices.

Deflation

A decrease in the general price level of goods and services, often caused by a reduction in the supply of money or credit.

Wages

Payments made to workers for their labor, typically based on hours worked or amount produced, and a key factor in employment contracts.

Rent

Payment made periodically by a lessee to a lessor for the use of land, a building, or another property.