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2 years ago

Where does the money you pay for the FICA tax on your paycheck go?

Business

1 answer:

strojnjashka [21]2 years ago

4 0

Answer:

see below

Explanation:

Social security and medicare taxes form the Federal Insurance Contributions Act (FICA) tax. These taxes are deducted from both the employer and employee per paycheck.

Social security tax forms the bulk of the FICA tax. The tax revenue collected as social security tax funds the United States government Social Security Trusts. The trusts are programs managed by the Social Security administration and include

Retirement benefits
Survivor benefits
Disability benefits

Medicare tax revenue funds Federal government medicare programs. This program caters to older American health care costs. The government's general revenue also finances health care. Medicare or health services in the USA are not solely dependent on medicare tax.

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From 1994 to 1999, inflation in the United States was relatively constant at approximately 2.5 percent. When inflation is consta

stepan [7]

Answer:

The correct answer is option C

When inflation is constant for an extended period of time,

C. People will correctly anticipate the actual inflation rate, and the actual rate of unemployment will approach the natural rate of unemployment.

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2 years ago

Individuals who are paid by someone in exchange for labor or service are referred to as:_____.

forsale [732]

Service providers are individuals who are paid by someone in exchange for labor or service An organization that offers services to other organizations, such as consulting, legal, real estate, communications, storage, and processing, is known as a service provider (SP). A service provider is typically a third-party or outsourced supplier, though it is possible for it to be a member of the company it supports.

A organization might hire advisors, independent consultants, law companies, design studios, and investment banks as examples of prospective service providers. Service providers are people or businesses that offer services to businesses and other parties. They offer network, processing, and storage services.

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1 year ago

What is the practice of banks and mortgage lenders identifying high-risk areas (usually low-income or minority neighborhoods) an

Bogdan [553]

Answer:

redlining

Explanation:

Redlining is an illegal banking practice that focuses on neighborhoods that are mostly inhabited by minorities. The term redlining itself comes from the practice of marking neighborhoods on city maps with red lines to represent them as dangerous both for banking purposes and high crime rates.

Banks cannot directly deny a credit based on where you live, but they can charge very high interest rates that make them very difficult to pay, or simply ask for a lot of paperwork and more requirements than usual.

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3 years ago

When brand equity is measured using stock valuation with an estimate of the portion of the value allocated to brand equity and n

natka813 [3]

Answer:

The correct answer is letter "B": market value.

Explanation:

Market Value is the price of an asset that is traded or offered for sale in a public forum where multiple buyers are allowed to make offers to buy that asset. For marketable securities of publicly traded companies, the companies are required to issue periodic financial information to the public to meet a full-knowledge requirement.

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3 years ago

Read 2 more answers

Safefen, a safety assurance and standards association in the country of Eilenst, made it mandatory for all the toy manufacturers

Talja [164]

<h3>This scenario best illustrates the effect of the industry regulation component of on organizations by Safefen. </h3>

Explanation:

The element of industry regulation consists of laws and guidelines regulating the business practices and procedures of individual companies, firms, and professions.

Government regulation of the industry is control of individual or firm actions by local, federal or state governments via price-setting processes or control of the quantity, quality, and safety of products and services produced.

Displaying the recommended age limit for each toy on its cover is one of Safefen's safety measures of toy industry regulations.

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2 years ago