Answer:
$254
Explanation:
First we must calculate the employee's remaining taxable portion = wage base - year to date earnings = $118,500 - $114,400 = $4,100
Then we multiply the employee's remaining taxable portion times FICA-OASDI tax rate = $4,100 x 6.2% = $254.20, we round down to the nearest dollar = $254
In the Philip's curve the long run usually refers to the vertical line and the rate of unemployment the short run Philips curve denotes inflation and is in L shaped and the relationships indicates the trade-off between the inflation and the unemployment
Explanation:
This curve in general shows the relationship between the rate of increase in the nominal wages and the rate of unemployment and usually lower the rate of inflation higher will be the wages allotted and it will be the vice versa
There will be a shift in the Philips curve when there is a hike in the oil prices abroad and this will cause the curve to shift leftwards so in the long run it will indicate the unemployment rate and in the short run it will indicate the inflation rate
Answer:
Greater Grocers' actions during the selection process may be violating the Civil Rights Act of 1991
Explanation:
Based on the scenario being described it can be said that In the context of the legal standards of selection, one accurate statement would be that the Greater Grocers' actions during the selection process may be violating the Civil Rights Act of 1991. This is mainly due to the fact that customer preference is not a justifiable reason for them to undertake discriminatory practices.
Answer:
The remaining part of the question:
.......Assuming that Mary is unemployed, how many allowances should Gordon claim on his Form W-4, assuming no extra allowances for deductions or adjustments?
a. Five
b. Six
c. Seven
d. eight
e. Nine
<u>Correct Answer:</u>
<u>b. Six</u>
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Explanation:
The right allowance Gordon could be able o claim in the W-4 Form is actually 6.