The Existence of Labor Unions Could Contribute to Real-Wage Rigidity,except

question 2

Multiple Choice

The existence of labor unions could contribute to real-wage rigidity,except that in the United States

• A)labor unions are outlawed.
• B)most workers aren't in unions.
• C)unions are interested in benefits, not wages.
• D)unions try to increase employment rather than negotiating over wages.

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Definitions:

Operating Capacity

The maximum output that a company can produce under normal conditions within a given period using its existing resources.

Dividend Payout Ratio

A financial metric that shows the percentage of a company's earnings paid out to shareholders as dividends.

Profit Margin

A financial metric measuring the amount of net income generated as a percentage of revenue, indicating the efficiency of a company in converting sales into profits.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenues, indicating the company's profitability.