One thing that is not the economic goal of most nations is e. excess goods and services.
<h3>What economic goals do most countries want?</h3>
Most countries want to be able to provide their people with an adequate living standard.
For this to happen, the economy needs to be growing and have price stability as well as full employment. There is no need for excess goods and services because this represents a waste of resources.
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Answer: $10,710
Explanation: The FICA tax (Federal Insurance Contribution Act) an employee payroll tax that funds Social Security benefits 6.2% and Medicare health insurance 1.45%.
Company A
Earnings $50,000
r = 6.2%
Social security = $50,000 × 0.062
= $3100
Medicare = $50,000 × 0.0145
= $725
Company B
Earnings = $90,000
Social security = $90,000 × 0.062
= $5580
Medicare = $90,000 × 0.0145
= $1305
Brooke FICA tax obligations of the year.
= $5580 + $1305 + $3100 + $725
= $10,710
Answer:
d. $889
Explanation:
The computation of the deposit amount is shown below:
Principal = Amount ÷ (1 + interest rate)^number of years
= $1,000 ÷ (1 + 4%)^3 years
= $1,000 ÷ 1.124864
= $889
Simply we divide the amount by the interest rate and the number of years so that the exact value can arrive
Melanie's economic profit per month is computed as follows: $10,000 (revenue monthly) - $500 (supplies monthly) - $50 (monthly depreciation = $600 annually / 12 months in a year) = $9,450.
Answer:
She can contribute to her employer's matching benefit.
Explanation:
The best way for Matilda to save is to have the amount she intends to save deducted from her basic salary. By doing this, she will not have direct access to the money, so she cannot spend it. If her employer has a savings matching scheme, then Matilda should join it. Her savings account will grow faster due to her employer's contributions.
A low-interest account will discourage her from saving. The 529 schemes are designed to save money to cater to post-secondary education.