The Amendments to the Fair Labor Standards Act Provide for a Training

question 18

True/False

The amendments to the Fair Labor Standards Act provide for a training wage for employees less than 20 years of age set at 85 percent of the minimum wage.

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Definitions:

Financial Market

Platforms or systems where financial instruments like stocks, bonds, currencies, and derivatives are bought and sold.

Bonds

Fixed-income securities that represent a loan made by an investor to a borrower, typically used by corporations, municipalities, states, and governments to finance projects and operations.

Stock Exchange

A stock exchange is a marketplace where securities, such as stocks and bonds, are bought and sold, facilitating capital exchange between investors and companies.

Demand

The desire, willingness, and ability of consumers to purchase goods or services at a given price.