Which One of the Following Is True of Union Membership

question 75

Multiple Choice

Which one of the following is true of union membership in the United States since at least the 1980s?

• A)Union membership as a percentage of employment has climbed dramatically over the last twenty years.
• B)Union membership is significantly higher in the private sector than among government workers.
• C)Union membership declined until around the year 2000,but has since risen significantly.
• D)Union membership among public sector workers has remained prominent,while dramatic declines have occurred in the private sector.
• E)Total union membership now stands at about 30 percent of all employment.

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Definitions:

Potential GDP

The maximum output an economy can produce without triggering inflation, if all resources are fully employed.

Active Approach

A strategy in investment or management that involves ongoing, dynamic decision-making and actions in order to achieve specific objectives.

Economic Stability

Economic stability refers to a state where an economy experiences steady growth, low inflation, and minimal unemployment.

Inverse Relationship

A scenario in which two variables exhibit inverse behavior, such that an increase in one results in a decrease in the other.