What happened in 1935 with the United States Congress surrounding employee benefits?

1 answer:

7 0

The social security act was passed by the congress in 1935 which led to the adoption of private pension plans which led the older people to retire and younger ones to come and work.

<u>Explanation:</u>

An act to accommodate the general welfare by building up an arrangement of Federal mature age benefits, and by empowering the few States to make increasingly sufficient arrangement for matured people, daze people, reliant and injured youngsters, maternal and kid welfare, general well being, and the organization of the jobs for the jobless.

The Social Security Act and related laws build up various projects that have the accompanying fundamental purposes: To accommodate the material needs of people and families; To ensure matured and debilitated people against the costs of ailments that may somehow or another utilization up their reserve funds.

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Answer:

B. You made a profit of $75.00

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shares x ( sale - buy)

20 shares x ( 35 & 1/4 - 31 & 1/2)

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The difference between purchase and sale price is positive, so eahc share yields a gain of $3.75

We multiply this by the amount of shares to determiante the gain

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