Roger Hemingway Is Analyzing Regional Differences in Seeking a Location

question 47

Multiple Choice

Roger Hemingway is analyzing regional differences in seeking a location for a new firm. He just read a Wall Street Journal article that ranked states according to the favorability of tax laws. Based on this information, he has decided to give further attention to one of the best states, which is

• A) Wyoming.
• B) Massachusetts.
• C) Ohio.
• D) New York.

---

Definitions:

Fair Labor Standards Act

United States federal law that establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards.

Overtime Earnings

The additional compensation paid to employees for hours worked in excess of the standard workweek hours, often calculated at a higher rate.

FICA-OASDI

The portion of the Federal Insurance Contributions Act tax that funds the Social Security program, covering retirement, disability, and survivors' benefits.