10. One Of The Earliest Known Rent Control Laws Was Instituted In Which City And When? A. New York At The Start Of Wwii B. Washington D.C. During The Civil War C. Paris In The 1700s D. Rome In The 1400s E. Chicago During The Great Depression
11. A Minimum Allowable Price For A Good Or Service Is Known As A. A Price Floor B. A Minimum Wage C. A Price Support D. All Of The Above E. None Of The Above
12. Price Floors Are Often Instituted For Which Of The Following Purposes? A. To Prevent Inflation B. To Make Goods And Services Accessible To All Income Levels C. To Increase The Income Of Sellers D. To Increase The Wages Of Workers E. To Do All Of The Above
13. Which Of The Following Is Of The First U.S. Minimum Wage? A. It Was Set Under The Fair Labor Standards Act B. It Was Instituted In 1938 C. It Set The Minimum Wage At 25 Cents Per Hour D. It Applied Only To Certain Designated Industries E. All Of The Above
14. In 1981, The U.S. Federal Minimum Wage Was Increased To A. $2.00 Per Hour B. $2.50 Per Hour C. $3.35 Per Hour D. $4.00 Per Hour E. $5.15 Per Hour