(Consider This) Which of the Following Best Explains Why Total

question 84

Multiple Choice

(Consider This) Which of the following best explains why total compensation for U.S. workers has increased significantly over the past several decades, but take-home pay by U.S. workers has increased by much less?

• A) An increased share of total compensation has gone to provide health insurance to workers.
• B) The share of total compensation going to retirement accounts has increased relative to all other components of compensation.
• C) Total compensation is measured in current dollar terms; take-home pay is measured in inflation-adjusted dollars.
• D) Workers are receiving a much larger share of total compensation in the form of goods and services produced by the firms that employ them.

---

Definitions:

Matrix

A mathematical structure used to organize a set of numbers into rows and columns, facilitating operations such as addition, subtraction, and multiplication.

Colonial Era

The period in history when nations established and expanded colonies in other lands, often characterized by domination and exploitation of the colonized people.

Hearth

Traditionally, the floor of a fireplace, but more broadly refers to a home or a place of warmth and comfort.

Archaeologist

A professional who studies human history and prehistory through the excavation of sites and the analysis of artifacts and other physical remains.