$3878.55
Explanation:
Step 1 :
It is given that Kristy has a biweekly gross earnings of $1950.
Since it is bi-weekly payments there are 26 payments in the year.
Gross earnings per year = 1950 * 26 = $50,700
Step 2 :
It is given that the social security tax is 6.2% up to $128,400. Kristy's earnings of 50,700$ does not exceed the threshold $128,400, hence 6.2% of her entire income is subject to social security withholding.
Social security withholding = 6.2% of 50,700 = 6.2*50700/100 = $3143.40
Step 3 :
It is given that Medicare tax is 1.45% with no wage limit
Medicare withholding = 1.45% of 50,700 = 1.45*50700/100 = $735.15
Total withholding = Social Security withholding + Medicare withholding 3143.40 + 735.15 = $3878.55
Answer:
B. In the long run, a change in the nominal exchange rate brings an equivalent change in the real exchange rate.
Explanation:
As we know that in the short run there is a decline in the nominal exchange that results in a decrease of real exchange rate due to which there is a reduction of the import and the export is risen.
But in the case of the long run, if there is a change in the nominal exchange rate so the real exchange rate would remain the same
This results that if there is a change in the nominal exchange rate so it would not bring the equal change in the real exchange rate
Hence, option B is incorrect
Answer:A
Explanation:
The optimal value will always remain the same. It is because profit is a difference between total revenue and total cost.
Answer:
B. increases, and the labor-force participation rate is unaffected
Explanation:
Rick loses his job and immediately begins looking for another. Definitely, the unemployment rate has increase. He has been sent back to the labor market. Rick is definitely unemployed because he lost his job and this means an increase in the employment rate. Note that unemployment rate is the percentage of the labor force that is unemployed and are actively looking for a job.
The labor force participation rate is the percentage number of people who are of working age both the employed and the once actively looking for a job. The labor force participation rate is definitely unaffected as Rick lost his job.
Answer:
Hi you haven't provided the options to the question so I will just give the answer in my own words and you can check with the options.
Answer is ASSIGNABLE VARIATION.
Explanation:
Variation is a lack of consistency. It can introduce waste and errors into a process, for example, a manufacturing process.
There are two sources of variation which are:
1. Natural variations: are random variations that are expected and are a part of almost every production process which results from a number of chance causes.
2. Assignable variations: are trend factors that can be traced to a specific reason, such as machine tear, fatigued workers or untrained workers, flawed principles, equipment that is not properly adjusted or calibrated, or raw material problems.
According to the question, a machine was not properly set-up/calibrated which caused a wide variation of quality of the products it produced. Since the cause (improper setup/calibration) can be traced to a specific reason, therefore, the type of variation is an example of ASSIGNABLE VARIATIONS.
