Use the Figure Below to Answer the Following Question

question 200

Multiple Choice

Use the figure below to answer the following question. Figure 1A.4.4
-Consider the following information on cola sales by number of cases for a typical university residence floor: Price (dollars per case)
Cola sales and cola prices are

• A)inversely related.
• B)positively related.
• C)not affected by the temperature.
• D)unrelated.
• E)negatively related at low temperatures,but positively related at high temperatures.

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Definitions:

SUTA

State Unemployment Tax Act - a tax that U.S. employers pay to their state to fund unemployment benefits.

FICA-OASDI

Federal Insurance Contributions Act - Old Age, Survivors, and Disability Insurance; a payroll tax that funds Social Security and Medicare.

FUTA

The Federal Unemployment Tax Act institutes a payroll levy on companies to support state employment organizations.

SUTA

State Unemployment Tax Act; a payroll tax that employers pay to fund their state's unemployment insurance.