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34.
(p. 344)
The Fair Labor Standards Act (FLSA) includes provisions for:
35.
(p. 344)
Which of the following is a drawback of a minimum wage in terms of social policy?
36.
(p. 344)
An employee who earns a base rate of $10 an hour and receives a weekly attendance
award of $20 works 50 hours this week (Overtime pay is required, whether or not the employer
specifically asked or expected the employee to work more than 40 hours). His/her total
compensation for the week will be:
37.
(p. 345)
Which of the following statements is true of the FLSA requirements for overtime pay?
38.
(p. 345)
Which of the following is true of the Fair Labor Standards Act (FLSA)?
39.
(p. 345)
Under the FLSA, exempt status of an employee depends on his/her:
40.
(p. 345)
_____ means that the employee is paid a given amount regardless of the number of hours
worked or quality of the work.
41.
(p. 345)
According to the FLSA, which of the following is most likely a nonexempt employee?
42.
(p. 345)
Under the FLSA, which of the following statements is true of child labor?
43.
(p. 346)
Which of the following is true according to the Walsh-Healy Public Contracts Act of
1936?
11-31
44.
(p. 346)
Under the Davis-Bacon Act of 1931 and the Walsh-Healy Public Contracts Act of 1936,
federal contractors must pay their employees at rates at least equal to the prevailing wages in the
area. The calculation of prevailing rates must be based on _____ percent of the local labor force.
45.
(p. 346)
The Davis-Bacon Act of 1931:
46.
(p. 346)
The Walsh-Healy Public Contracts Act of 1936:
47.
(p. 346)
Decisions about how to respond to the economic forces of product markets and labor
markets limit an organization's choices about:
48.
(p. 346)
Which of the following is true of competition in product-markets?
49.
(p. 346)
Organizations under pressure to cut labor costs may respond by:
50.
(p. 347)
Which of the following is true of labor markets?
51.
(p. 347)
The federal government tracks trends in the nation's cost of living with a measure known
as the:
52.
(p. 347)
Following and studying changes in the _____ can help employers prepare for changes in
the demands of the labor market.
53.
(p. 347)
Which of the following is true about the Consumer Price Index (CPI)?
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