Table 11-2
the Table Below Pertains to Iowan, an Economy

question 158

Multiple Choice

Table 11-2
The table below pertains to Iowan, an economy in which the typical consumer's basket consists of 3 pounds of pork and 4 bushels of corn. $$\begin{array} { | c | c | c | } \hline \text { Year } & \begin{array} { c } \text { Price of } \\\text { pork }\end{array} & \begin{array} { c } \text { Price of } \\\text { Corn }\end{array} \\\hline 2008 & \$ 20 \text { per pound } & \$ 12 \text { per bushed } \\\hline 2009 & \$ 25 \text { per pound } & \$ 18 \text { per bushed } \\\hline\end{array}$$
-Refer to Table 11-2. The cost of the basket in 2009 was

• A)$108.
• B)$147.
• C)$160.
• D)$301.

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Definitions:

Mandatory

Required or compulsory, indicating that certain actions, procedures, or measures must be followed or executed as per legal or organizational guidelines.

Illegal

Pertains to activities or actions that are prohibited by law.

Certification Elections

A process supervised by an official body in which employees vote to determine whether they wish to be represented by a particular labor union.

Bargaining Unit

A group of employees with common interests and conditions of employment who are represented by a single labor union in collective bargaining.