Poverty is defined as the scarcity or the lack of a certain amount of material, possession, or money. Poverty is a multifaceted concept, which may include social, economic, and political element.
Answer:
d. $2,943.72 is the total annual FICA tax for an annual salary of $38,480.
Explanation:
6.2% of the annual salary for the Social Security Tax, and 1.45% of the annual salary for the Medicare Tax. In total, FICA takes 7.65% of your annual salary as tax. $38,480 x 7.65% = $2,943.72.
