Determinants of Macro Performance Work on Macro Outcomes Through

question 17

Multiple Choice

Determinants of macro performance work on macro outcomes through

• A)Aggregate supply and demand.
• B)International balances.
• C)External shocks.
• D)Internal market forces.

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Definitions:

Employer

An individual or business entity that hires and pays wages or salaries to one or more employees in exchange for their work.

Paychecks

Documents issued by an employer to an employee to pay for services rendered, representing salary or wages.

Withheld FICA Tax

Taxes taken out of an employee's paycheck for Social Security and Medicare.

Excess Social Security Tax

The amount of Social Security taxes paid over the maximum limit set for the year, which can occur when an individual works for multiple employers.