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Minimum Wage

Total questions: 12

Worksheet time: 7mins

Name
Class
Date
1.

What year did the US pass the Fair Lbor Standards Act?

(a)  

2.

Who does the federal minimum wage apply to? Click all that apply

a)

government workers

b)

nurses

c)

waitresses

d)

self employed

3.

How many times has the minimum wage been raised since it started?

a)

20

b)

12

c)

22

d)

27

4.

When the minimum wage was started, what was the pay?

a)

25 cents

b)

5 cents

c)

35 cents

d)

one dollar

5.

What is the current Missouri minimum wage set at?

a)

$12

b)

$15

c)

$10.30

d)

$13.75

6.

What is the current Federal Minimum Wage set at?

a)

$12

b)

$7.25

c)

$15

d)

$11.15

7.

What did President Biden want to raise the minimum wage to?

a)

$15

b)

$50

c)

$12

d)

$7.25

8.

How would most companies respond to a raise in minimum wages? Choose all that apply.

a)

eliminate workers

b)

raise prices

c)

hire more workers

d)

keep everything the same

9.

Who do employers tend to fire first when the minimum wage rises?

a)

first hired

b)

last hired

c)

most skilled

d)

males

10.

Define minimum wage

a)

The minimum price firms are willing to pay for labour

b)

The minimum price unskilled workers are willing to supply their labour for

c)

The minimum price of labour set by governments in the labour market

d)

The minimum price of labour set by governments in the resource market

11.

Minimum Wage is the ____________ rate per hour that a worker may be paid, as required by law.

a)

top

b)

maximum

c)

highest

d)

lowest

12.

Some workers (tipped workers, seasonal amusement park employees) can be paid BELOW the full Minimum Wage.

a)

True

b)

False