Which of the Following Is True of Union Activities

question 83

Multiple Choice

Which of the following is true of union activities?

• A)Employee groups and economic sectors with the fastest growth rates tend to have the highest rates of unionization.
• B)Unions have perfectly adapted themselves to recent changes in the economic structure.
• C)One reason for the smaller union presence in southern states is the existence of right-to-work laws.
• D)Nonmanufacturing industries such as finance, insurance, and real estate have a higher union representation than manufacturing industries.
• E)Women and men have equal representation in unions.

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Definitions:

Effective Interest Method

A method of calculating the amortized cost of a bond and of allocating interest income over the bond's life, reflecting the constant rate of interest over the period.

Bond Discounts

The divergence between the stated value of a bond and its decreased sale price.

Bond Premiums

The amount by which the market price of a bond exceeds its face value, often due to interest rates falling after the bond issuance.

Bond Indenture

A legal contract outlining the terms and conditions under which a bond is issued, including the interest rate and maturity date.