Each of These Statements Is True Except

question 104

Multiple Choice

Each of these statements is true except

• A)only a few million workers earn just the minimum wage.
• B)about a dozen states have minimum wage rates above the federal level.
• C)real wages are higher today than any time in our history.
• D)about one quarter of all workers do not earn enough to support their families.

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Definitions:

Date Of Record

The date set by a corporation on which the shareholders must be registered to be eligible to receive dividend payments.

Stock Split

An action by a company to increase the number of its outstanding shares by issuing more shares to current shareholders.

Market Price

The amount at which an asset is bought or sold in the market.

Shares Outstanding

The total number of a company's shares of stock that are owned by shareholders, including those held by institutional investors and restricted shares owned by the company’s officers and insiders.