Examlex
Which of the following was/were established as part of the Fair Labor Standards Act of 1938?
Activity or Transaction
An economic event that involves a transfer or exchange of goods, services, or money between parties.
Environmental Economics
A subfield of economics dealing with the relationship between the economy and the environment, focusing on environmental policies and economic consequences.
Externalities
Economic side effects or consequences that affect uninvolved third parties; can be positive or negative.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they can be used by everyone and one person's use does not reduce availability to others, such as clean air.
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