Unions Contribute to

question 13

Multiple Choice

Unions contribute to

• A)frictional unemployment but not the natural rate of unemployment.
• B)the natural rate of unemployment but not frictional unemployment.
• C)both frictional unemployment and the natural rate of unemployment.
• D)neither frictional unemployment nor the natural rate of unemployment.

---

Definitions:

Dealer Charged

The price or fee a dealer applies to a product or service, usually including their markup over the wholesale or dealer price.

Exact Simple Interest

A calculation method where interest is determined using the actual number of days in a loan period over a 360 or 365-day year, depending on the terms.

365-Day Year

The 365-Day Year is a time measurement convention considering a year to have exactly 365 days, ignoring leap years.

Ordinary Simple Interest Rate

The standard rate at which interest is calculated on a loan or investment, based on the original principal amount only.