While Unions Represent Only a Fraction of the Unskilled Workers

question 124

True/False

While unions represent only a fraction of the unskilled workers in the U.S.labor market,any wage increase won by unionized workers is most likely shared with non-union unskilled workers.

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Definitions:

Cash Equivalents

Short-term, highly liquid investments that are easily convertible to known amounts of cash, typically with original maturities of three months or less.