Federal Income Tax: The federal income tax is the largest revenue building power possessed by the federal government. This means that each citizen must give a certain percentage of their income to the federal government. Payroll Tax: These taxes are deducted directly from your payroll and pay for programs such as Social Security, unemployment insurance, and Medicare. Excise Tax: <span>An excise tax is a tax given to the producer of an item that is to be sold elsewhere. The excise tax is usually included when the producer sells the item to the retailer/seller.</span>
Did you end up finding the answer? I'm still stuck on this question
Answer:
Koreans defended their kingdom from the Mongol invasion.
Explanation:
During 1231, Mongol king Ogedei Khan ordered an invasion in Korea against Goryeo empire. These invasions were consist of six campaigns throughout the Korean Peninsula, caused the tremendous cost of civilian life. Throughout campaigns, Korea became a tributary ally of the Mongol Empire (Yuan Dynasty) for about 80 years.
Answer: Choice D) Its high unemployment rate
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Explanation:
Ideally you should do external research to get the answer, but luckily we can eliminate non-answers to narrow things down.
- Choice A is false because having a skilled labor force and foreign investments means that the country is diversified to withstand an economic storm. Sure there is still likely a recession, but recovery would be fairly quick if choice A was the case.
- Choice B is a similar idea. Having modern industrial policies means the workforce is agile and flexible, and in turn there's low unemployment. Ideally the environment would be an issue as well. This is why we can rule out choice B.
- Choice C can be ruled out because a high GDP is the opposite of what it means to have a slow recovery. High GDP means the country is producing a lot of goods and services, and the standard of living is expected to be high. In short, the recovery is either strong or already over when high GDP occurs.
In summary: Choices A, B, and C can be eliminated.
The only thing left is choice D. Having high unemployment is one factor that leads to slow recovery. This makes sense because people without a job aren't able to contribute to the economic output of a country.