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Amiraneli [1.4K]
3 years ago
14

3. In which decade should you be saving for retirement?

Business
1 answer:
diamong [38]3 years ago
5 0
Whatever your age, you can make it happen.<span> Even those who start to save into a company pension at the age of 22 have less than an even chance of achieving an income equivalent to two-thirds of salary from their private and state pensions combined, according to the Pensions Policy Institute think-tank.   </span>
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Gary Marks is paid on a monthly basis. For the month of January of the current year, he earned a total of $8,338. FICA tax for S
deff fn [24]

Answer:

$1,057.86

Explanation:

Payroll taxes include:

  • Social security tax withholdings 6.2% (on the first $132,900 of wages paid) = 6.2% x $8,338 = $516.96
  • Medicare tax withholding 1.45% = 1.45% x $8,338 = $120.90
  • Federal unemployment taxes (FUTA)  0.6%  = $7,000 x 0.6% = $42
  • State unemployment taxes (SUTA) 5.4% = $7,000 x 5.4% = $378

total payroll taxes = $1,057.86

4 0
3 years ago
What economic activities are not included in GDP?
laiz [17]
 
1. Illegal and unreported economic activity:  While goods such as illegal drugs, gambling, and prostitution are sold in markets, the transactions are hidden for obvious reasons.
 
2. Home production and bartered goods/services:  If cash doesn't change hands, the transaction will not be included in GDP.  One of the somewhat misleading aspects of GDP is that whether certain things are included depends not on the nature of the good or service, but whether it was (openly) exchanged for cash.  
5 0
3 years ago
Dee's suggestion that the company needed more control over the way its products were displayed, priced, and promoted prompted a
aleksandrvk [35]

Answer:

D.administered distribution system.

Explanation:

Administered Distribution System is a system in which producer manages all the marketing functions at the retail outlets.

3 0
3 years ago
On average hotel guests who take elevators weigh about 150 pounds
zheka24 [161]
<span>Answer: On average, hotel guests who take elevators weigh about 150 lbs with a standard deviation of about 35 lbs. An engineer is designing a large elevator for a convention hotel, to lift 50 such people.</span>
5 0
2 years ago
An economic model can be defined as___________a. a testable claim which can be evaluated with proper data.b. a representation of
Radda [10]

Answer:

b. a representation of a theory or a part of a theory

Explanation:

A model is different from theory because is a more applied and empirical representation of a situation while the theory is more abstract. An economic model is a simplified prediction of a complex and real economic behavior, it uses variables to analyze different scenarios, it also uses logical and quantitative relationships between economic processes, is usually mathematical. <em>The results of these models can lead to a new investigation, theorization or to prove theories.</em>

I hope you find this information useful and interesting! Good luck!

5 0
3 years ago
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