Which Act Establishes a Minimum Wage,requires Overtime Pay and Record

question 95

Multiple Choice

Which Act establishes a minimum wage,requires overtime pay and record keeping,and provides standards for child labor?

• A) Davis-Bacon Act
• B) Walsh-Healy
• C) Norris-LaGuardia Act
• D) Fair Labor Standards Act (FLSA)

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Definitions:

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price level in a market.

Price

The financial sum required for the procurement of a good, service, or capital.

Complements

Products or services that are often used together, such that the demand for one increases the demand for the other.

Price

The sum of currency anticipated, required, or given in transaction for something.