Which of the Following Will Not Automatically Exempt an Employer

question 69

Multiple Choice

Which of the following will not automatically exempt an employer from FLSA provisions?

• A) The firm has annual volume of less than $500,000.
• B) The firm is a school for physically handicapped children.
• C) The firm is a governmental agency.
• D) The firm conducts no interstate commerce.

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Definitions:

Labor Market

The supply and demand dynamics of labor forces, where employers seek to hire workers and workers seek employment.

Equilibrium

The state in a market where supply equals demand, leading to stable prices.

Immigration

The action of coming to live permanently in a foreign country. It can influence a country's economy, culture, and demographics.

Equilibrium Wage

The wage rate at which the quantity of labor supplied equals the quantity of labor demanded in the market, resulting in no unemployment.