Answer:
<em>The missing figures for Worksheets are</em>;
<u>Type of Tax (Form)</u> - 941
This is used by Employers to report the taxes they withheld from Employee .
<u>Amount of Deposit</u> - $1,355.36
The Federal Deposit Liability per pay was $677,68. There was biweekly payments meaning 2 payments were made in the month so this figure must be multiplied by 2.
= 677.78 * 2
= $1,355.36
<u>Tax Period</u> - 4th Quarter (stated in question)
<u>To be deposited on or before</u> - November 15, 2019
This is because when paying monthly, the due date is always on the 15th of the following month.
Answer:
The greater labor's share of production costs, the <u>higher</u> elasticity of demand for labor.
When labor costs are a high share of total production costs, the elasticity of labor demand is higher. For example, customer service jobs like fast foods, or gas pumping, have high labor costs as a percentage of total production costs, and these sectors have a very elastic labor demand.
you would expect the demand for human ski instructors to be less elastic the demand for human factory workers.
In the year 2035, with robots having replaced most humans in factory jobs, occupations such as ski instructor, or dance instructor, or musician, would have a low labor demand elasticity because these skills are not easily learned, or easily replicated by a robot, meaning that the humans specialized in those jobs will be more demanded, and the demand for their labor will be more stable.
Answer:
The number of people employed = 200
The number of people unemployed = 20
The number of people in the labor force = 220
Explanation:
a) Data and Calculations:
Population = 500
Population over age 16 = 400
Persons employed full-or part-time 200
Persons unemployed and actively seeking work 20
Persons who have quit seeking work due to lack of success 10
Part-time workers seeking full-time jobs 30
The number of people employed = 200 (full-or part-time)
The number of people unemployed = 200 (400 - 200)
The number of people in the labor force = employed and unemployed seeking work (200 + 20) = 220
b) A country's labor force is made up of employed persons (full-time or part-time) and persons actively looking for work. Some of the population who are not actively seeking employment may be kept of the labor force because of education or family responsibilities. These persons may return to the labor market later.