Answer:
A. $450
Explanation:
In 2014, the Medicare surtax for high-income taxpayers started when married couples filing jointly earned over $250,000. in this case, Christine and Doug made $300,000, so the surtax = ($300,000 - $250,000) x 0.9% = $450
The Medicare surtax income threshold has not been adjusted to inflation and remains at the same level for 2020.
Total medicare contributions for high income taxpayers = 1.45% + 0.9% = 2.35%
Buying goods and services not for their intrinsic value but for the purpose of impressing others is called Conspicuous consumption.
What is Conspicuous consumption?
Conspicuous consumption is the act of acquiring things or services specifically with the intention of flaunting one's wealth. When publicly displayed products and services are too expensive for other people in a person's class, conspicuous consumption is a way to demonstrate one's social position. Although it is frequently associated with the wealthy, this type of consumerism can occur in any income class.
Conspicuous consumption is characterized by buying products that are solely intended to serve as symbols of wealth, such as apparel with luxury brand labels, cutting-edge equipment and toys, and automobiles.
To know more about Conspicuous consumption refer:
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The amount of cost of goods sold using FIFO method is $110,000.
Hope this helps. :)
Answer:
E. summarizing
Explanation:
This is an effective listening skill, as Blake asked his manager to improve what he said, and he articulated key ideas, and he took key points from people doubling his work to improve accuracy and become a team.
The player being investigated
so correct option is E. summarizing
