FICA deductions from your paycheck are for which mandatory federal insurance programs?
A) Unemployment benefits
B) Social Security
C) Medicare
D) Medicaid
E) Both B and C
Answer: E
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Costs of goods sold may include all of the following EXCEPT
a. insurance. b. shipping costs. c. manufacturing costs. d. management salaries.
An increase in a revenue account may reflect an increase in an asset account
a. True b. False Indicate whether the statement is true or false
If the expected inflation rate was 4 percent and the actual inflation rate was 6 percent, then
A. borrowers gained in real terms at the expense of lenders. B. lenders gained in real terms at the expense of borrowers. C. borrowers and lenders were not affected. D. the government lost because it collected less in taxes.
?2 assumes a value of 0 when all the category means are equal, indicating that X has no effect of X on Y
Indicate whether the statement is true or false