You Have $3,000 That You May Need Any Day to Replace

question 3

Multiple Choice

You have $3,000 that you may need any day to replace the furnace in your house. Which of the following would be the best place to put the $3,000?

• A) A one-year CD earning 4%
• B) A common stock mutual fund earning 9%
• C) A savings account earning 2%
• D) Shares of stock in a high-tech company that could double in 6 months

Distinguish between the concepts of pure monopoly, monopsony, and how they relate to labor unions and collective bargaining.

Understand the impact of labor laws on employees and employers.

Identify different forms of union agreements and their effects on wages and employment.

Describe the historical development and current state of labor unions in the U.S.

---

Definitions:

Chloride Ions

Negatively charged ions (Cl⁻) that play essential roles in fluid balance, nerve signaling, and muscle activity in the body.

Na+

Sodium ions, which are essential for various bodily functions including maintaining fluid balance and transmitting nerve impulses.

Extracellular Fluid

The fluid existing outside the cells, providing a medium for transporting nutrients, oxygen, and waste products to and from the cells.