Which of the Following Laws Provides Support to Unemployed Workers

question 38

Multiple Choice

Which of the following laws provides support to unemployed workers?

• A)FUTA
• B)OSHA
• C)FLSA
• D)NLRA

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Definitions:

Transactional Motive

relates to the need to hold cash for the purpose of conducting day-to-day transactions.

Precautionary Motive

The desire to hold cash or liquid assets to guard against unexpected events and emergencies, influencing how individuals and firms manage their finances.

Speculative Motive

The speculative motive is the desire to hold cash or other assets with the expectation of making a profit from fluctuations in their price or value.

John Maynard Keynes

A British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.