A Reason for the Declining Union Membership in the United

question 42

Multiple Choice

A reason for the declining union membership in the United States is that _____

• A)more workers are entering the teaching field.
• B)employment rates in the industrial sector are increasing.
• C)market competition is growing, particularly from imports.
• D)cultural diversity in the workforce is increasing.
• E)the number of public sector employees is decreasing.

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Definitions:

Best Use

The most efficient or profitable use of a resource, property, or asset, taking into consideration its potential to generate the highest return or utility.

Present Value Terms

The current worth of a future sum of money or stream of cash flows, given a specific rate of return.

Market Rate

The prevailing price or interest rate available in the marketplace for goods, services, or securities.

Oil Reserve

An estimate of the amount of crude oil located in a particular economic region with the potential of being extracted and exploited.