Use the Following to Answer Question

question 67

Multiple Choice

Use the following to answer question:
-(Figure: Indifference Curves and Consumption Bundles) Use Figure Indifference Curves and Consumption Bundles.The lines AA and BC are parallel.The optimal consumption point could shift from b to c as a result of any of the following EXCEPT:

• A)an equal percentage increase in the prices of hot dogs and pizza while income is unchanged.
• B)a decrease in income with prices constant.
• C)a change in tastes.
• D)an equal percentage increase in the prices of hot dogs and pizza while income is unchanged or a decrease in income with prices constant.

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Definitions:

Employer's Payroll Taxes Expenses

These are taxes paid by the employer based on the wage and salary amounts paid to employees, including social security, Medicare taxes, and unemployment taxes.

FICA Tax

Taxes required by the Federal Insurance Contributions Act, funding Social Security and Medicare benefits.

FUTA Tax

The Federal Unemployment Tax Act tax, which employers pay to help fund state workforce agencies.

SUTA Tax

A state unemployment tax assessed by individual states on employers, used to fund their unemployment insurance and job service programs.