In Early 2014, President Obama Raised the Minimum Wage for All

question 9

Multiple Choice

In early 2014, President Obama raised the minimum wage for all temporary workers provided to the federal government through private contracts because Congress would not enact legislation to increase worker compensation.  His actions were an example of which of the following?

• A) An executive agreement
• B) An executive order
• C) Administrative law
• D) A signing statement
• E) A pocket veto

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Definitions:

Monetary Rewards

Financial incentives offered to employees as recognition for their work performance, achievements, or to motivate specific behaviors.

Stock Options

A benefit often granted to employees, giving them the right to buy the company's stock at a fixed price within a specific period.

Incentives

Rewards or bonuses given to employees or teams to motivate performance and achieve specific business outcomes.

Factors

Variables or elements that contribute to a particular outcome or situation; can be economic, social, technological, or of any nature depending on the context.