From 2000 to 2014, Relative Wages of U

question 9

Multiple Choice

From 2000 to 2014, relative wages of U. S. nonproduction workers _____ and relative employment of U. S. nonproduction workers _____.

• A) increased; decreased
• B) increased; increased
• C) decreased; increased.
• D) were erratic; were erratic-neither had a clear pattern of movement

---

Definitions:

Machine Hour

A unit of measure representing the operation of a machine for one hour, often used in cost accounting to allocate expenses based on machine use.

Break-even Sales

Break-even sales is the amount of revenue required to cover both fixed and variable costs, resulting in no profit or loss.

Variable Costs

Costs that fluctuate in direct relation to production levels or sales figures.

Fixed Costs

Costs that do not vary with the level of production or sales, remaining constant regardless of business activity.