Which Statement Is True

question 180

Multiple Choice

Which statement is true?

• A)There are currently about 35 million labor union members in the U.S.labor force.
• B)About one out of every four sets of collective bargaining sessions ends in a strike.
• C)Union membership as a percentage of the labor force has been declining since the 1950s.
• D)None of the statements are true.

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Definitions:

Sovereign Default

The failure of a country's government to meet its bond payment obligations, or to honor its debt agreements.

Largest-Ever

Describes an event, achievement, or phenomenon that surpasses all others in its category historically in magnitude or scale.

Market Breadth

An indicator used to gauge the overall direction of the stock market by analyzing the number of companies advancing versus those declining.

Advancing Stocks

Shares that have increased in price during a specific trading session, indicating positive market sentiment.