Which of the Following Statements About Federal Employment Law Is

question 41

Multiple Choice

Which of the following statements about federal employment law is true?

• A) This body of law has not changed during the last two decades.
• B) The intent of anti-discrimination law is to make factors such as gender, race, or age irrelevant in employment decisions.
• C) Federal law prohibits the use of gender, race, and age as the basis for employment decisions under all circumstances.
• D) All federal laws are administered by the Department of Labor.
• E) Federal employment laws do not deal with training and development activities.

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Definitions:

Industry

A collection of businesses and companies that produce similar goods or offer similar services within an economic sector.

Invisible Hand

A metaphor coined by Adam Smith to describe how individuals pursuing their self-interest unwittingly contribute to the economic prosperity of society.

Market System

An economic approach wherein the processes of investment, manufacturing, and goods distribution are directed by supply-demand correlation, with a system that freely sets the prices of goods and services.

Prices

The amount of money required to purchase goods or services, indicating the value that consumers are willing to pay and sellers are willing to accept.