Which of the Following Is the Least Likely to Be

question 62

Multiple Choice

Which of the following is the least likely to be affected by the macroeconomic environment:

• A) the demands made by unions
• B) the elasticity of demand for goods and services
• C) the demands made by employers
• D) the real wages of employees
• E) the bargaining power of the union

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Definitions:

Annual Contributions

The amount of money contributed to a particular account or investment over the course of a year.

Savings Plan

A scheme that encourages regular saving with a bank or financial institution, often linked with benefits such as interest or investment returns.

Effective Rate

A comprehensive annual rate that accounts for compounding, often used in finance and investments to provide a true comparison among different financial products.

Investments

The allocation of assets with the goal of generating income or profit over time.