Table 5.18 -Refer to Table 5.18.Looking at the Table Above, Real Average

question 203

Multiple Choice

Table 5.18
-Refer to Table 5.18.Looking at the table above, real average hourly earnings between 2015 and 2016 changed by

• A)0.3%.
• B)1.5%.
• C)2.2%.
• D)5%.
• E)6.5%.

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Definitions:

Paid-In Capital

The total amount of money that a company has received from shareholders in exchange for shares of stock, exceeding the par value of the shares.

Stock Split

An action by a company to increase the number of its outstanding shares by issuing more shares to current shareholders, usually to make the stock more affordable.

Common Stock

A type of equity ownership in a corporation, where holders have voting rights and potentially receive dividends.

Stock Dividend

A distribution of extra shares to a company's shareholders, as opposed to monetary compensation.