How Are American Workers Different from Workers in Most Other

question 34

Multiple Choice

How are American workers different from workers in most other highly industrialized countries?

• A)Americans work more hours per week on average
• B)a smaller percentage of American workers are unionized
• C)in the United States there is no centralized,nationwide bargaining between unions and businesses
• D)in the United States there are fewer paid vacation days per year
• E)all of these choices

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Definitions:

Erratic Changes in Costs

Refers to unpredictable fluctuations in expense levels, which can impact profitability and budgeting in businesses.

Quick Assets

Assets that can be quickly converted into cash, such as marketable securities and receivables, excluding inventory.

Cash Equivalents

Short-term, highly liquid investments that are easily convertible to known amounts of cash and close to their maturity.

Current Receivables

Refers to the money owed to a company that is expected to be received within a year.