Which of the Following Is True According to the Walsh-Healy

question 81

Multiple Choice

Which of the following is true according to the Walsh-Healy Public Contracts Act of 1936?

• A) Under the Walsh-Healy Public Contracts Act, children aged 18 and 19 may not be employed in hazardous occupations defined by the Department of Labor.
• B) Federal contractors must pay their employees at rates at least equal to the prevailing wages in the area.
• C) The overtime rate applies to the hours worked beyond 45 in one week.
• D) Employers must pay a training wage to workers under the age of 15 for a period of up to 60 days.
• E) Organizations can defend themselves against claims of discrimination by showing that they pay the going market rate.

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Definitions:

Export

Goods or services sold by a country to another country, contributing positively to the selling country's balance of trade.

C + I + G Curve

An economic model representing the total spending in an economy, comprising Consumption (C), Investment (I), and Government Expenditures (G).

Regressive Tax

A taxation mechanism where the tax rate effectively decreases as the taxable amount (income or assets) increases, placing a higher relative burden on lower earners.

Investment

Placing capital into assets or projects with the aim of generating growth, returns, or appreciation over time.