What Is the Similarity Between the National Railroad Adjustment Board

question 59

Multiple Choice

What is the similarity between the National Railroad Adjustment Board and the National Mediation Board?

• A) The members of both are appointed by the president.
• B) Both were created by the Railway Labor Act.
• C) Both consist only of union members.
• D) Both have an equal number of union and nonunion members.

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Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds over a period of time, including loans, bonds, or credit lines.

Tax Rate

The percentage at which an individual or corporation is taxed on their income or profits.

Cash Dividend

A distribution of profits by a corporation to its shareholders in the form of cash.

Net Income

A company's total profit calculated by subtracting total expenses from total revenues.