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Department of Labor
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Earn +20 ptsQ: Which government agency sets wage standards?
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Who sets the minimum wage?
Government, via legislation.
What branch of the department of labor sets standards of minimum wage overtime and breaks and meal periods?
Wage and Hour Division
What branch of the Department of Labor sets standards of minimum wage overtime pay and breaks and meal periods?
Wage and Hour Division
What branches of the Department of Labor sets standards of minimum wage overtime pay and breaks and meal periods?
Wage and Hour Division
What is it called when the government sets a price on earnings?
Minimum wage.
When the government sets a price floor on earnings it is called what?
Minimum wage.
When working for someone who is under contract by the US Government who sets the wage scale the Government or the Employer under contract?
The employer.
You live and work in a country that tells you where to work and sets your wage The goods you produce go to the government which then sells them in government run stores What type of economy do you?
Command
Which of the five purposes of government is served when government regulates a workplace sets a minimum wage intervenes in a strike or otherwise gets involved in decisions about the production and?
Economic stability
Which of the five purposes of government is served when government regulates a workplace sets a minimum wage intervenes in a strike or otherwise gets involved in decisions about the production?
Economic stability
What department enforces minimum wage and maximum wage?
The agency that enforces minimum wages and maximum hours has different names in different jurisdictions. However, it is often called something like "Wage and Hour Administration" or "Employment Standards Administration," and is often located within a Department or Ministry of Labor.
What macroeconomic issue have been in the news lately?
1. The talk of raising the minimum wage. 2. The corporate bailout by the Federal Government. 3. The development of a Consumer Financial Protection Agency.
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