What is the difference between gross pay and net pay?

Zolol [24]

Policies related to setting interest rates, management of money supply, and the buying/selling of treasury bonds are referred collectively as <u>Monetary policy</u>

Monetary policy is primarily involved with the management of interest rates and the total pool of money in circulation and is generally taken out by central banks, such as the U.S. Federal Reserve.

<h3>What is monetary policy and fiscal policy?</h3>

Monetary policy refers to central bank activities that are headed toward influencing the amount of money and credit in an economy. By contrast, fiscal policy guides to the government's decisions about tax and spending. Both monetary and fiscal policies are used to control economic activity over time

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8 0

1 year ago

Construction work is much riskier than working as a server at a restaurant. as a result, we'd expect a difference in wages betwe

Mademuasel [1]

Construction work is much riskier than working as a server at a restaurant. as a result, we'd expect a difference in wages between the two jobs, the difference is known as a compensating differential. Thus, option B is correct.

<h3>What is Construction work? </h3>

Construction is work where people build buildings, apartments, homes, and bridges which includes demolishing, creating, and constructing. A plan is led out for the structure that is to be made.

Compensating differentials is a difference in pay between two jobs. it is often done because there is risk involved, more work to do, or attracting employees. Therefore, option B is the correct option.

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The question is incomplete, the options will be:

a. An efficiency wages.

b. A compensating differential.

c. A wage adjustment.

d. A minimum wage.

7 0

1 year ago

What does the size of the dividend per share of stock depend on?

defon

Answer:

The size of the dividend per share of stock depends on: The corporation's profit

Dividend per share is calculated by: Total dividend / Total shares outstanding,

Which means that dividend per share will increase if the total dividend increases.

Meanwhile, the total dividend will be increased if the company gains more profit

4 0

3 years ago

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John Jansen, an employee of Redwood Company, had gross earnings for the month of May of $4,000. FICA taxes are 7.65% of gross ea

Anastasy [175]

Answer:

The net pay for John Jansen is $2894

Explanation:

For calculating the net pay for John Jansen we have to subtract all the FICA taxes and federal income taxes and also state income taxes, with authorized voluntary deductions also being subtracted from the gross earnings .

Given information - Gross earning = $4000

FICA taxes = 7.65%

Federal income taxes = $675

State income taxes = 3%

Authorized voluntary deductions = $5

One important to remember here is that FICA taxes and State taxes would be calculated on the gross earnings of John

FICA taxes = 7.65% of $4000

= .0765 x $4000

= $306

State taxes = 3% of $4000

= .03 x $4000

= $120

NET PAY = gross earnings - FICA tax - state tax - federal income tax -

authorized voluntary deduction

= $4000 - $306 - $120 - $675 - $5

= $2894

7 0

3 years ago

A purely domestic firm sources its products, sells its products, and raises its funds domestically

Yanka [14]

Answer:

The correct answer is option D.

Explanation:

A purely domestic firm can face competition from an MNC. An MNC has the advantage of more than one sources of inputs and more than one product market. But the domestic firm also possesses an advantage of having a thorough knowledge of the local market as they have operated there unlike MNCs.

The domestic even though operating in the domestic territories may still face foreign exchange risk. This is because their competitors may be operating internationally.

3 0

2 years ago