Trade Union Membership in Australia in 2014 Comprised Approximately

question 60

Multiple Choice

Trade union membership in Australia in 2014 comprised approximately

• A) 90 per cent of the workforce.
• B) 50 per cent of the workforce.
• C) 15 per cent of the workforce.
• D) 18 per cent of the workforce.

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Definitions:

Federal Funds

Reserve balances that commercial banks hold at Federal Reserve Banks, often referred to in the context of the federal funds rate, which is the interest rate at which banks lend to each other overnight.

Income Tax

Tax levied by a government directly on income, including wages, salaries, and investments.

Constitution

The fundamental principles and established precedents according to which a state or other organization is governed.

Police Power

The power retained by each state to pass laws that protect the health, safety, and welfare of its citizens.