Which of the Following Categories of Individuals Are Exempt from the Minimum

question 26

Multiple Choice

Which of the following categories of individuals are exempt from the minimum wage provisions of Fair Labor Standards Act (FLSA) ?

• A) executives
• B) factory workers
• C) full-time babysitters
• D) housekeepers

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Definitions:

Nonrival

A characteristic of a good whereby one individual's consumption of the good does not reduce its availability for consumption by others.

Netflix

An American streaming service and production company that offers a wide variety of television shows, movies, anime, documentaries, and more on thousands of internet-connected devices.

Public Good

A non-excludable and non-rivalrous good that can be consumed by everyone, such as public parks or national defense.

Court of Law

A court of law is a tribunal where disputes are settled, and justice is administered, involving legal proceedings and decision-making by judges or magistrates.