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If the price level were to double, the quantity of money demanded would double because people would need twice as much money to cover the same transactions.
Fair Labor Standards Act
A United States law that establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards for full-time and part-time workers in the private sector and in federal, state, and local governments.
Wage-and-Hour Issues
Concerns related to compliance with laws governing the payment of wages, overtime, and the scheduling of working hours.
Norris-LaGuardia Act
A United States federal law enacted in 1932 that protects the right of workers to organize unions and prohibits employers from making anti-union contracts with employees.
Union Organizing
The process by which workers come together to form or join a labor union in order to advocate for better wages, work conditions, and benefits.
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