Unions May ________ the Wages of Their Members but They

question 24

Multiple Choice

Unions may ________ the wages of their members but they might ________ the wages of everyone else.

• A) increase; also increase
• B) increase; decrease
• C) decrease; increase
• D) decrease; also decrease

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Definitions:

Depreciation Expense

The systematic allocation of the cost of a tangible asset over its useful life.

Operating Expenses

Costs associated with the day-to-day operations of a business, excluding the cost of goods sold.

Annual Rate Of Return

The percentage of profit or loss on an investment over a one-year period.

Accumulated Depreciation

The total amount of a tangible fixed asset's cost that has been charged to depreciation expense since the asset was acquired.