The Supreme Court Upheld the Constitutionality of Minimum Wage Laws

question 46

Multiple Choice

The Supreme Court upheld the constitutionality of minimum wage laws in

• A) United States v. Lopez.
• B) Gonzales v. Raich.
• C) Printz v. United States.
• D) South Dakota v. Dole.
• E) West Coast Hotel Company v. Parrish.

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Definitions:

Interest Rate

The percentage of a loan that is applied as interest for the borrower, usually shown as a yearly rate.

Import Quotas

Restrictions set by a government on the quantity of a specific good that can be imported into a country.

Net Exports

The value of a country's total exports minus the value of its total imports, which is a component of a country's GDP.

Import Restrictions

Measures imposed by a government to control the quantity of goods coming into a country, often to protect domestic industries.