Suppose in some economy there are 100 million workers; 10 million of those workers work in retail trade, and 1 million of the retail workers belong to unions. Total union membership in this economy is 40 million. The rate of unionization in retail trade is
A) 1 percent.
B) 10 percent.
C) 40 percent.
D) 100 percent.

Question

Quizplus · Accepted Answer

The rate of unionization in retail trade can be calculated as the proportion of retail workers who belong to unions, which is (1 million/10 million) x 100 = 10 percent. The total union membership is not relevant to the calculation of the rate of unionization in retail trade.

Suppose in Some Economy There Are 100 Million Workers; 10