Which of the Following Provisions Is Included in the Fair

question 60

Multiple Choice

Which of the following provisions is included in the Fair Labor Standards Act (FLSA) ?

• A) Personal finance
• B) Minimum wage
• C) Wage discrimination
• D) Environmental hazards
• E) Retirement plans

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Definitions:

Civil Penalty

A fine or monetary punishment levied by a government agency as a consequence of violating laws or regulations, not involving criminal prosecution.

Federal Reserve

The central banking system of the United States, responsible for monetary policy, regulation of banks, and stability of the financial system.

Interest Rates

The amount charged, expressed as a percentage of principal, by lenders to borrowers for the use of money as a loan, influencing economic activity.

Unemployment Insurance

A government program that provides temporary financial assistance to unemployed workers who have lost their jobs through no fault of their own.