What was the overall trend of U.S. union membership beginning the 1960s? What was the main reason behind that trend?
What will be an ideal response?
Since the 1960s, union membership in the United States has declined as a percentage of the labor force, reaching about 12 percent today. The absolute number of union members has also declined recently. The main reason for the decline in union membership is the decline in manufacturing employment, which has traditionally accounted for a large share of total union membership.
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Recessions and expansions affect most strongly which type of unemployment?
A) frictional unemployment B) structural unemployment C) cyclical unemployment D) seasonal unemployment
An income tax system where higher tax rates are applied to increased amounts of income is called:
A) a regressive tax system. B) a proportional tax system. C) a progressive tax system. D) a flat rate tax system.