Which of the Following Acts Requires Federal Contractors to Pay

question 46

Multiple Choice

Which of the following acts requires federal contractors to pay employees no less than the prevailing wages in the area?

• A)Walsh-Healy Public Contracts Act
• B)McNamara-O'Hara Service Contract Act (SCA)
• C)Fair Labor Standards Act
• D)Lilly Ledbetter Fair Pay Act
• E)Equal Pay Act of 1963

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Definitions:

Supplier-Induced Demand

Supplier-induced demand occurs when providers of a good or service influence consumers' demand for it, often seen in markets where providers have more information about the product than consumers.

Raising Deductibles

Increasing the amount that an insured individual must pay out of pocket before an insurance company pays a claim.

Health Care Costs

The expenses related to the provision and consumption of health care services.

Employer-Provided Health Insurance

Health insurance coverage offered to employees (and often their families) as part of an employee benefit package.