Assume that you are considering a portfolio of two assets,A and B,with 40% invested in asset A and invested 60% in asset B.Assume also that the assets have the following statistics:
Definitions:
Wagner Act
A foundational piece of US labor law established in 1935 that guaranteed workers the right to form unions and engage in collective bargaining.
Supply of Labor
Refers to the total hours that workers wish to work at a given real wage rate, across the entire economy.
Demand for Labor
The total amount of workers that employers are willing and able to hire at a given wage rate in a certain period.
Union Membership
The state of being a member of a labor union, which is an organization that represents the collective interests of workers in negotiations with employers.
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