US Union Membership Has Declined Substantially in Recent Years

question 46

Multiple Choice

U.S. union membership has declined substantially in recent years. Which of the following is not usually cited as a causal factor?

• A) Most nonunion workers are in manufacturing industries.
• B) Import competition has reduced or restrained the growth of employment in some highly unionized industries.
• C) Some industries and firms have migrated to the less-unionized South.
• D) Managerial opposition to unions has intensified.

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Definitions:

Dilution of Control

The reduction in ownership proportion or influence of existing shareholders in a company due to the issuance of additional shares to new investors.

Nominal Rate

The interest rate before adjustments for inflation, reflecting the rate of interest that a borrower pays a lender.

Annual Return

The percentage change in investment value from one year to the next, including any dividends or interest, indicating the investment’s gain or loss.

Dividend

A portion of a company's earnings distributed to its shareholders, typically in the form of cash or additional stock.