After the Sharp Oil Price Increases of the 1970s,North American

question 143

Multiple Choice

After the sharp oil price increases of the 1970s,North American consumers turned to smaller,more fuel-efficient cars as North American industry greatly intensified its efforts to:

• A) invest in better technology.
• B) reduce energy bills.
• C) seek larger government grants.
• D) move away from oil dependence.

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Definitions:

Green-circle Rate

A situation in wage-setting where an employee's pay is below the minimum of the range set for their job class, often due to an anomaly or an exception in the salary structure.

Rank-and-file Adjustment

Changes or modifications made to the conditions or ranks of the general workforce, not the leadership or management.

Uniformed Services Employment and Reemployment Rights Act

A federal law that provides job protection and rights for military service members upon their return to civilian employment.

Fair Labor Standards Act

A United States law that creates the right to a minimum wage, and "time-and-a-half" overtime pay when people work over forty hours a week, among other protections for workers.