Which of the Following Is True of the Fair Labor

question 53

Multiple Choice

Which of the following is true of the Fair Labor Standards Act (FLSA) ?

• A)It requires exempt employees to be paid time and a half for hours in excess of 40 per week.
• B)It has led to Americans working fewer hours now as compared to earlier times due to a rise in benefits.
• C)It is more likely to cause employers to classify workers as independent contractors than employees.
• D)It has led to part-time employees being more likely to receive benefits than full-time employees.
• E)It increases the employer's obligation to provide legally required employee benefits.

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Definitions:

Required Reserve Ratio

The fraction of deposits that banks are required to keep on hand as reserves, either in their vaults or on deposit at a central bank.

Money Supply

The aggregate of all financial assets available within an economy, encompassing various forms of money like bank notes, coins, and balance in bank accounts.

Watchdog Timer

Monitors logic circuits controlling the processor. If the watchdog timer, which is reset every scan, ever times out, the processor is assumed to be faulty and is disconnected from the process.

CPU

Central Processing Unit, the primary component of a computer that performs most of the processing inside a computer.