Which of the Following Statements Is True of Labor Unions?​

question 7

Multiple Choice

Which of the following statements is true of labor unions?​ 

• A) The strength of labor unions has increased drastically over the last several decades. 
• B) It is much easier to form and maintain unions in the United States than in most other industrial nations.​ 
• C) Most business owners in the United States will make enormous efforts to ensure that their own businesses are unionized.​ 
• D) Today members of organized labor make up more than 30 percent of all wage and salary workers.​ 
• E) The political power of labor unions has waned over the last several decades.​

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Definitions:

Process Cost System

An accounting system used to apply costs to similar products that are mass-produced in a continuous fashion.

Shampoo Manufacturer

A company that specializes in producing and possibly formulating shampoos for cleaning hair and scalp.

Yield Measures

Financial metrics that represent the earnings generated and realized on an investment over a particular period, expressed as a percentage of the investment's cost or current value.

Materials Output

The total quantity of materials produced or supplied, often used in manufacturing and production contexts.