The Largest Organizational Unit Within the Union Movement Emerged with the Merger

question 56

Multiple Choice

The largest organizational unit within the union movement emerged with the merger between the:

• A)United Mine Workers and American Federation of Labor.
• B)Knights of Labor and Congress of Industrial Organizations.
• C)American Federation of Labor and Congress of Industrial Organizations.
• D)Knights of Labor and United Mine Workers.

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Definitions:

Present Value

The present value of a future amount of money or series of cash flows, considering a particular return rate.

Interest Rate

The percentage of the principal charged by a lender for the use of its money or the rate at which interest is paid by a borrower for the use of money.

Consumes

The action of using up a good or service, typically resulting in a decrease in available quantity.

Consumption

The use of goods and services by households. It is an important component of GDP and a direct indicator of consumer spending behavior.