How Well Do You Know The Minimum Wage?
7 Questions
| Total Attempts: 42
Test your knowledge on the minimum wage
Questions and Answers
- 1.When was the minimum wage first implemented?
- A.
1938
- B.
1872
- C.
1812
- D.
1950
- E.
1900
- 2.What is a negative effect of the minimum wage?
- A.
Cost Push Inflation
- B.
Increase in unemployment
- C.
Companies cut workers
- D.
All of the above
- 3.What is a positive effect of the minimum wage?
- A.
More opportunities for entry level workers
- B.
You can slack off and still get paid
- C.
It makes everyone happier
- 4.Minimum Wage prevents what type of payment to workers?
- 5.Who sets the minimum wage?
- A.
Congress
- B.
House of Representatives
- C.
The President
- 6.What is minimum wage?
- A.
The lowest amount of money a worker will agree to work for
- B.
The minimal amount an employer can pay an employee
- C.
The amount of money your receive if you have been fired
- 7.What percentage of the minimum wage are 15 and 16 year olds paid?
- A.
45%
- B.
60%
- C.
75-80%
- D.
90-100%
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