Research Suggests That, on Average, Union Workers Make More in Base

question 48

Multiple Choice

Research suggests that, on average, union workers make more in base pay than nonunion workers. How much more do they make?

• A) 5%
• B) 15 %
• C) 20 %
• D) 25 %

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Definitions:

Record Date

The specific date set by a company to determine the shareholders eligible to receive dividends or other distributions.

Payment Date

The specific date on which a dividend payment is made to shareholders or a date on which any financial obligation must be settled.

Basic Earnings

The income earned by a company divided by the total number of shares outstanding; a measure of the company's profitability.