Which of These Statements Is TRUE

question 358

Multiple Choice

Which of these statements is TRUE?
I. The Lily Ledbetter Act was signed into law in 1909.
II. The Civil Rights Act contains the provision that it is unlawful to "refuse to hire or discharge any individual, or otherwise to discriminate against any individual with respect to his compensation, terms, conditions, or privileges of employment because of such individual's race, color, religion, sex, or national origin."
III. The Equal Pay Act amended the Fair Labor Standards Act and requires that men and women receive equal pay for equal work.

• A) I only
• B) II only
• C) II and III
• D) I and III

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Definitions:

Indifference Curves

Graphical representations in microeconomics to show combinations of two goods that provide the consumer with the same level of satisfaction.

Price Rises

An increase in the cost of goods or services, affecting the buying behavior of consumers and potentially leading to changes in market dynamics.

Indifference Curves

Graphical representations in microeconomic theory that illustrate different combinations of two goods between which a consumer is indifferent in preference.

Optimal Consumption

The point at which an individual's utility from consuming goods and services is maximized, given their budget constraints.