The share of the labor force that was unionized increased from 7.4 percent in 1930 to more than 30 percent in 1955. During these 25 years, the share of national income allocated to labor (in contrast to capital)
A) increased approximately 10 percent.
B) increased 17.6 percent.
C) fell 20 percent.
D) was virtually unchanged.

Question

Quizplus · Accepted Answer

Despite the increase in unionization, the share of national income allocated to labor remained virtually unchanged during this period.

The Share of the Labor Force That Was Unionized Increased