Unionized Workers Tend to Have Lower Job Satisfaction Than Nonunionized

question 16

Multiple Choice

Unionized workers tend to have lower job satisfaction than nonunionized workers primarily because:

• A) They are dissatisfied with their union representation.
• B) They are working under harsher conditions and their workplace climate is less desirable.
• C) They are receiving fewer benefits such as workers compensation and unemployment insurance.
• D) They are more likely to be victims of discrimination than nonunionized workers.

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Definitions:

Equity Securities

Financial instruments representing ownership interest in a company, such as stocks, which provide voting rights and potential dividends.

Short-Term Investment

Financial assets that are expected to be converted into cash or sold within a year.

Monetary Assets

Monetary assets are financial assets that are cash or can be quickly converted into a known amount of cash with minimal risk of changes in value.

Cash Equivalents

Short-term, highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.