A tax is imposed on employers and workers that are used to fund Social Security and Medicare. This tax is sometimes referred to as

A) the federal income tax. B) the Income Security Tax.
C) the payroll tax. D) the ACIF.


C

Economics

You might also like to view...

________ unemployment is most closely associated with periods of falling GDP

A) Frictional B) Cyclical C) Structural D) Voluntary

Economics

In the above table, the inflation rate between 2013 and 2014 is approximately

A) 9 percent. B) 10 percent. C) 100 percent. D) 110 percent.

Economics

The optimal inventory to hold maximizes the profit of the inventory, which is the profit from the units sold ________ the ________ from the units that remain unsold.

A) plus; profit B) plus; loss C) minus; profit D) minus; loss

Economics

Chicken and fish are substitutes. Therefore, the cross elasticity of demand between chicken and fish is

a. negative. b. positive. c. zero. d. Any of the above is possible.

Economics