In 1938,the FLSA Set the First Minimum Wage At

question 32

Multiple Choice

In 1938,the FLSA set the first minimum wage at:

• A) $1.00 per hour.
• B) $2.50 per hour.
• C) fifty cents per hour.
• D) twenty-five cents per hour.

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A cognitive bias where people overestimate their own abilities, knowledge, or predictions.

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A branch of economics concerned with understanding how the economic behaviors of individuals and institutions are impacted by factors like psychology, cognition, emotions, culture, and society.

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Availability Heuristic

A mental shortcut that relies on immediate examples that come to a person's mind when evaluating a specific topic, concept, method, or decision.