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natta225 [31]
1 year ago
13

One possible solution to a diminishing Social Security payroll is to decrease the Social Security benefit by 13%. How would such

a decrease effect the benefits on a salary of $54,000
Business
1 answer:
Darina [25.2K]1 year ago
5 0

The benefit would decrease by $7,020 annually would be the answer.

According to the 2022 Annual Report of the Social Security Board, the surplus of trust funds paying severance, disability, and other social security benefits will be exhausted by 2035. This is a year behind what the Board of Trustees predicted in its 2021 report.

If you are less than the full retirement age and exceed your annual income limit, your benefits may be reduced. If you haven't reached full retirement age throughout the year, you will be deducted $ 1 from your benefits for every $ 2 you earn over your annual limit. For 2022, the limit is $ 19,560.

Learn more about Social Security payroll here:brainly.com/question/1156607

#SPJ4

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Regardless of whether a tax is levied on sellers or buyers, taxes encourage market activity.
jeyben [28]
The answer is true because activity is important and shouldn't be discouraged.
5 0
2 years ago
In the country of Lumberne, citizens campaigned against the sanction of a new factory that was about to be built in the vicinity
bekas [8.4K]

Answer: (B) Civil society

Explanation:

 The civil society is one of the type of organization in which the various types of collective actions are taking place in order to share the common values and interests.

It basically enhance the services and the used in the  decision making process based on the public and the economical rights.

According to the given question, the civil society is one of the part of citizen campaigned that is against sanction of the  new factory that start building in the residence area.  

 Therefore, Option (B) is correct answer.

6 0
2 years ago
Probett’s Garage uses 120 boxes of cleaning cloths a year. The boxes cost $6 each. Ordering cost is $3 and holding cost is 10 pe
faust18 [17]

Answer: $730.2

Explanation:

Let the total cost of cleaning clothes = X

Other variables include:

Total cost of boxes = $6×120

=$720

Ordering cost =$3

Holding costs = (10/100 ×6)12

=$7.2

Total costs of cleaning clothes =

The cost of boxes+ordering cost+holding cost

=720+3+7.2 = $730.2

3 0
3 years ago
Due to the ________, a firm strives to maximize its profits and will therefore never pay more for a worker than the value of his
krek1111 [17]

Due to the first rule of labor markets, a firm strives to maximize its profits and will therefore never pay more for a worker than the value of his/her marginal productivity to the firm. Therefore, the option A holds true.

<h3>What is the significance of profit maximization?</h3>

A process of following and adapting such methods that derive maximum revenue to the firm is known as profit maximization. It should be the primary goal of any firm in the market.

The first rule of labor markets says that when a firm strives for profit maximization, it does not pay the worker or the labor, more than the marginal productivity that the worker bring to the firm.

Therefore, the option A holds true regarding profit maximization.

Learn more about profit maximization here:

brainly.com/question/17233964

#SPJ4

The question seems to be missing. The complete question has been added for better reference.

Due to the ________ a firm strives to maximize its profits and will therefore never pay more for a worker than the value of his/her marginal productivity to the firm.

a. first rule of labor markets

b. demand product value

c. third rule of labor markets

6 0
1 year ago
Concord Corporation had 807000 shares of common stock outstanding at December 31, 2021. In addition, it had 150000 stock options
Radda [10]

Answer:

846,000 shares

Explanation:

According to the scenario, computation of the given data are as follows:

Outstanding common stock = 807,000 shares

Outstanding option stock = 150,000

option price = $37

Market price of common stock = $50

So, 150,000 - (150,000 × $37 ÷ 50)

= 150,000 - 111,000

= 39,000

So, Number of shares = 807,000 + 39,000

= 846,000 shares

7 0
3 years ago
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