Quiz on Chapter 1 Learning Material

Which of the following is NOT listed as a key term in the document?

• Arbitration

• Entrepreneur

• Ecosystem

• Salary

Which term refers to the minimum amount of money that can be paid to an employee?

• Gross pay

• Minimum wage

• Bonus

• Tip

What are some priorities that might influence your career choice?

• The type of car you drive

• Where you want to live and the type of house

• The brand of clothes you wear

• The type of phone you use

What is the relationship between employment and a strong economy?

• Employment weakens the economy

• Employment has no effect on the economy

• Employment strengthens the economy

• Employment only benefits individuals

What is the ultimate effect of high unemployment on people living in those areas?

• Improved quality of life

• Increased wealth

• Negative impact on their lives

• More leisure time

What might a career involve that a job does not?

• Certification or degree program

• On-the-job training

• Short-term tasks

• No specific skills

What is a critical part of building a strong team according to the text?

• Offering competitive wages

• Reducing employee benefits

• Increasing work hours

• Limiting employee training

What is the minimum wage in Hawaii?

• $7.25 per hour

• $14.00 per hour

• $10.10 per hour

• $12.00 per hour

What does the FLSA declare about the minimum wage?

• It should be the same in all states

• It is set at $7.25 per hour

• It varies by industry

• It is optional for employers

How often is a monthly salary paid?

• 24 times a year

• 12 times a year

• 26 times a year

• 52 times a year