Answer:
A) social state A and social state D
B) Social state D
Explanation:
A) The social states that might be chosen by the government are
State A and State D : Because it has a reasonable number of active worker that are far greater than the unemployed and Retirees and this means that there is a reasonable amount of income in the social states and the data from other social states looks quite Fraudulent because there is no way the unemployed = workers and also = Retirees
B) The social state that will most likely be enacted is Social state D and this is due to the High ratio of Active workers compared to the unemployed and retirees
The correct answer is the second option (there is a difference in performance). The Equal Pay Act of 1963 was passed to ensure that employers would not discriminate based on gender. This means that employers cannot pay men more than women, just for being men (and vice versa). Essentially, the law ensures equal pay for equal work. However, it also notes that equal pay does not apply if the payment system correlates to the quantity of work. Since the women in this example are producing more output, then it is legal for them to be paid more for their larger quantity (and not simply because they are women).
Explanation:
Ray, the owner of a small corporation, ordered CPA Holmes to perform a record audit. Ray told Holmes that a loan application should include a prompt analysis of the audited financial statements of a bank. Holmes acknowledged the agreement unanimously and decided that an auditor's report should be given within 3 weeks. If the loan was granted, Ray accepted to pay Holmes a fixed fee plus a bonus.
Two accountant graduates were employed by Holmes to perform the audit and spent several hours saying exactly what to do. Holmes told the students to concentrate instead on providing accurate statistical facts in the documents and summing up a date that confirms Ray's financial statements that do not include footnotes, instead of testing the controls.
Holmes checked the documents and produced a report of the auditor without qualification. The article applies neither to the GAAPs nor to their consistent application.
Answer:
Gross pay:
- consultant $2,310
- computer programmer $2,100
- administrator $2,760
Net pay:
- consultant $1,694.73
- computer programmer $1,539.68
- administrator $1,945.78
Explanation:
regular earnings overtime withholding
allowances
Consultant $2,310 per week N/A 3
Computer programmer $30 per hour 1.5 2
Administrator $46 per hour 2 1
computer programmer worked 60 hours = ($30 x 40) + ($30 x 20 x 1.5) = $2,100
administrator worked 50 hours = ($46 x 40) + ($46 x 10 x 2) = $2,760
Social security taxes:
- Consultant = 6% x $2,310 = $138.60
- Computer programmer = 6% x $2,100 = $126
- Administrator = 6% x $2,760 = $165.60
Medicare taxes:
- Consultant = 1.5% x $2,310 = $34.65
- Computer programmer = 1.5% x $2,100 = $31.5
- Administrator = 1.5% x $2,760 = $41.40
Federal income taxes:
- Consultant: amount subject to withholding = $2,310 - (3 x $70) = $2,100. Federal income taxes = $356.90 + [28% x ($2,100 - $1,796) = $442.02
- Computer programmer = amount subject to withholding = $2,100 - (2 x $70) = $1,960. Federal income taxes = $356.90 + [28% x ($1,960 - $1,796) = $402.82
- Administrator = amount subject to withholding = $2,760 - $70 = $2,690. Federal income taxes = $356.90 + [28% x ($2,690 - $1,796) = $607.22
Gross pay:
- consultant $2,310
- computer programmer $2,100
- administrator $2,760
Net pay:
- consultant $2,310 - ($138.60 + $34.65 + $442.02) = $1,694.73
- computer programmer $2,100 - ($126 + $31.50 + $402.82) = $1,539.68
- administrator $2,760 - ($165.60 + $41.40 + $607.22) = $1,945.78
Answer: D
Options included in the questions are:
“A. The demand for the magazine shifts to the left, and the supply curve shifts to the right. The equilibrium price falls, with an unknown change in the equilibrium quantity.
<span>B. The demand for the magazine does not change, supply curve shifts to the left. The equilibrium price rises, while the equilibrium quantity falls. </span>
<span>C. The demand for the magazine shifts to the right, and the supply curve shifts to the left. The equilibrium price rises, with an unknown change in the equilibrium quantity. </span>
D. The demand for the magazine does not change, and the supply curve shifts to the right. The equilibrium price falls, but the equilibrium quantity rises.”
The answer is D.
The demand for the magazine does not change even if the price of the computers goes down. It is the equilibrium price that will fall due to decrease on the price of inputs resulting to increase in quantity of a magazine produced.
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