During the Last 40 Years

question 259

Multiple Choice

During the last 40 years

• A) union membership as a proportion of the total workforce has stagnated.
• B) there has been a decrease of unionized workers in the public sector.
• C) the union movement has been more successful in the United States than in Canada.
• D) union density has increased to 50 percent of the non-farm workforce.
• E) all of these are correct.

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Definitions:

Profitability Index

A financial metric comparing the present value of future cash flows generated by a project to its initial investment cost, used in capital budgeting.

Investment Projects

Initiatives undertaken by a business or organization to invest in assets or resources with the expectation of generating future profit.

Discount Rate

The interest rate used to discount future cash flows of a financial instrument to present value.

Lease Payments

Regular payments made for the use of an asset or property under a lease agreement.