Answer:
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Explanation:
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The correct answer is Riverside will pay FUTA - $420 and SUTA - $336. Harrison will pay FUTA - $420 and SUTA - $408.
When completing this question it is important to know that the FUTA tax rate for 2019 is 6% on the first $7,000 of earnings each year.
Riverside Country Club will pay FUTA at 6% of $7,000 and SUTA of 4.2% of $8,000.
FUTA = $420
SUTA = $336
Harrison Furniture Company will pay FUTA at 6% of $7,000 and SUTA of 5.1% of $8,000.
FUTA = $420
SUTA = $408
Companies use the production function to determine the optimal combination of labor and capital to produce a certain amount of out put. increasing marginal costs can be identified using the production function.
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Answer:
A. A new airplane purchased by United Parcel Service.
- Investment (in fixed assets), GDP grows
B. The tuition you pay during your first year of college.
- Consumption (of services), GDP grows
C. The social security check your grandmother receives.
- Not included in GDP, social security checks are considered transfer payments.
D. A new purchase of 50,000 shares of Time/Warner stock.
- Not included in GDP, only IPOs are included in GDP
E. A new pair of tennis shoes made in China and purchased by an American shoe store.
- Import, GDP decreases since net exports decrease
Explanation: