If the Interest Rate Is 5%,the One-Year Discount Factor Is

question 16

Multiple Choice

If the interest rate is 5%,the one-year discount factor is equal to:

• A)0.050.
• B)1.050.
• C)0.952.
• D)1.045

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Definitions:

Unionizing

The process by which workers form or join a union to collectively bargain for better terms and conditions of employment.

In-House Organizing

The process of forming and establishing unions or groups within an organization by its own employees, rather than external union organizations.

Union Shop

A workplace where all employees must either join the union or pay union dues, typically after a specified period of employment.

Condition of Employment

Terms, requirements, or situations that are necessary for an individual's employment, such as qualifications or workplace policies.