Answer:
The correct option is (C)
Explanation:
Brain drain is the term referred to mass movement of competent human capital from developing countries to developed countries for better opportunities.
Following are the reasons for brain drain in developing countries:
- Lesser employment opportunity
- Poor economic conditions
- Illiteracy and poor health facilities
- Low standard of living
Educated and competent human capital, therefore, move to developed countries for better living conditions.
By improving health and economic conditions, developing countries can combat the problem of brain drain.
Answer: $38,097.50
Explanation:
Mandy Feng has to pay Johnson $35,000 for the year as well as various taxes. Adding all of these up is the total cost of hiring Johnson to Mandy Feng.
Calculating therefore we have,
= Salary + Social Security Taxes + Medicare Taxes + SUTA Tax + FUTA Tax
Remember, it is stated that FUTA and SUTA are applicable to only the first $7,000 of Johnson's pay.
= 35,000 + (6.2% * 35,000) + (1.45% * 35,000) + ( 5.4% * 7,000) + ( 0.6% * 7,000)
= 35,000 + 2,170 + 507.50 + 378 + $42
= $38,097.50
The total cost to Feng of employing Johnson for the year is $38,097.50
Answer:
The answer to this question is option B. Deflation means that the price level is failing, whereas with inflation overall prices are rising
Explanation:
Inflation is an increase in the general prices of goods and services in an economy on the other hand, deflation is the general decline in prices for goods and services, indicated by an inflation rate that falls below zero percent.
Hence the answer is option B. Deflation means that the price level is failing, whereas with inflation overall prices are rising
Please explain better in comments
Answer:
The correct option is B,cash at bank.
Explanation:
In creating the fund,cash of $800 needs to made available to the petty cash account.
In order to achieve this,the cash is moved from the cash at bank to petty cash which effectively means that the cash at bank the giving account should be credited while the receiving account,the petty cash account is debited.
Option B is correct since it is the account meant to be credited in order that the petty cash fund account can be created
