Answer:
Her net pay for the month is $6274.522
Explanation:
The computation of net pay is calculated by applying an equation which is shown below:
Net pay = Total pay - fica tax for social securtity - fica tax for medical care - federal income tax
where,
total pay is $8,738
fica tax for social security = total pay × fica tax rate for social security
= 8,738 × 6.2%
= $541.756
fica tax for medical care = total pay × fica tax rate for medical care
= 8,738 × 5.4%
= $471.852
And, federal income tax is $1449.87
So, the net pay is equals to
= $8,738 - $541.756 - $471.852 - $1449.87
= $6274.522
The suta tax rate would not be considered as full information is not given in the question. So, this part should be ignored.
Hence, her net pay for the month is $6274.522
Answer:
a. 72 billion
b. 69.2%
Explanation:
a. The absolute size of its public debt in year 4 would be the total value of the deficit from year 1 till 4.
= 0 + 50 + 30 - 10 (budget surplus so it reduces deficit) - 2
= 72 billion
b. Percentage of real GDP in year 4;
= (72/104) * 100%
= 69.2%
TRUE. After explaining a new procedure to her employees, amy asks, "is there anything that wasn't clear?" she is asking this question to encourage feedback.
The answer is the inflation from 2005 to 2006 has changed by [3.6%]
