Answer:
Each year, the employer awards its top salesperson an all-expense-paid trip to Jamaica.
- This should be considered as part of the employees' compensation (and the employee should be taxed), therefore, the company can deduct 100% of it.
The employer has a cafeteria for its employees where meals are furnished at cost.
- Cafeteria meals are not included in the 50% deduction.
The employer sponsors an annual Labor Day picnic for its employees.
- This is considered a recreational activity paid by the employer, so the 50% deduction does not apply.
Every Christmas, the employer gives each employee a fruitcake.
- It is a fringe benefit, although I doubt that the employees are taxed for receiving a fruit cake. There is no 50% deduction. (referred to as de minimis fringe benefit)
The taxpayer gives business gifts to her clients at Christmas.
- Business gives are not subject to a 50% deduction, instead they are subject to a $25 limit.
D. leniency is based on when somebody rates an employee too high. Strictness error is when somebody was rated very very low.
I think it’s 1. retail clerk
NOTE: Your question isn't clear, Johnson. Would you mind checking it and writing it in a way you can be better helped?
Meanwhile, I hope these explanation below helps.
Answer and Explanation:
Two goods are said to be complementary goods if an increase in the price of a particular one leads to a commensurate decrease in the demand that buyers placed for the other one.
A good is said to be a normal good if the reason for an increase in demand is due to an increase in the income of the buyers.
A good is said to be an inferior good if there is a decrease in demand even though the buyers have experienced increase in their income.
Answer:
The statement is: True.
Explanation:
Externalities are described as the effect of the actions of one party that influence directly in other individuals even if those other individuals have nothing to do in the operations of the first party. Externalities can be positive when they benefit the uninvolved individuals or negative when the externality affects them.
There are several types of externalities such as <em>technological, pecuniary, symmetric, asymmetric, transferable, depletable, non-depletable </em>and <em>transnational. </em>
Asymmetric externalities are those where the party causing the externality is not affected by its actions. It opposes symetric externalities which are those where the economic agent is directly affected by its own actions.