Which of the following is true of the first U.S.minimum wage?
A) It was set under the Fair Labor Standards Act
B) It was instituted in 1938
C) It set the minimum wage at 25 cents per hour
D) It applied only to certain designated industries
E) All of the above
Correct Answer:
Verified
Q1: To be effective,a price ceiling must be
Q2: A maximum allowable price for a good
Q4: The Following Questions Refer to the graph
Q5: In a mixed economy,governments may intervene in
Q6: Which of the following is true of
Q7: Some states also have their own minimum
Q8: As of summer 2009,the U.S.federal minimum wage
Q9: The consequences of government intervention
A)Are generally as
Q10: During the 1970's about how many cities
Q11: A minimum allowable price for a good
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents