The Difference Between the Decision to Eat Another Apple and the Decision

question 23

Multiple Choice

The difference between the decision to eat another apple and the decision to look at another apartment is that

• A) the apple decision has no cost.
• B) the benefit of either decision is uncertain.
• C) the benefit of either decision is certain.
• D) the apartment decision has no cost.
• E) the benefit of the apartment decision is uncertain.

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Definitions:

Federal Unemployment Tax Rate

The percentage rate at which employers are taxed by the federal government to fund the unemployment benefits pool.

FICA Tax Rates

The percentage rates set by law that determine the amount of Social Security and Medicare taxes that must be withheld from employees' paychecks and matched by employers.

Employer's Taxes

Taxes that employers are required to pay on behalf of their employees, such as social security and Medicare taxes in the United States.

Gross Pay

The total amount of money earned by an employee before any deductions or taxes are taken out.