The Following Statements Regarding Union Density Are Referred to in Alternatives

question 24

Multiple Choice

The following statements regarding union density are referred to in alternatives below: 1) Union density has dramatically declined in Canada since 1984.
2) Union density has declined slightly in Canada since 1984.
3) Union density has remained constant in Canada since 1960.
4) Union density has declined dramatically in United States since 1960.
5) Union density has declined slightly in United States since 1960.
Which of the above statements is correct?

• A) 1 and 4
• B) 1 and 5
• C) 2 and 4
• D) 2 and 5
• E) 3 and 5

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Definitions:

NPV

Net Present Value; a financial metric used to evaluate the profitability of an investment, calculated by subtracting the present value of cash outflows from the present value of cash inflows over a period of time.

IRR

Stands for Internal Rate of Return, a financial metric used to evaluate the profitability of potential investments.

Capital Budgeting

The process of evaluating and selecting long-term investments that are consistent with the firm's goal of maximizing owner wealth.

Incremental

Pertaining to a small or marginal change, often in cost or quantity, that results from a variation in operations or production level.