Labor Unions

question 45

Multiple Choice

Labor unions

• A)prefer to operate in states with right-to-work laws.
• B)are similar to cartels.
• C)play a larger role in the current U.S.economy than in European countries such as Norway and Sweden.
• D)attract a membership of about 25 percent of current U.S.workers.

---

Definitions:

Hedge Fund Fees

Compensation structures in hedge funds, often including a management fee and a performance fee, to reward the fund managers.

Investors

Individuals or institutions that allocate capital with the expectation of receiving financial returns.

AUM

Assets Under Management, the total market value of investments managed by a person or entity on behalf of clients.