Which of the Following Statements About the Financing of the Social

question 31

Multiple Choice

Which of the following statements about the financing of the Social Security program is (are) true?
I.Although the self-employed pay an OASDI tax rate that is twice the employee rate,they are allowed certain deductions that reduce the effective tax rate.
II.The earnings base on which OASDI taxes are paid increases annually based on changes in average wages in the national economy.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Antecedents

Factors or events that exist or occur before a specific behavior or decision, influencing its outcome.

Affective Events Theory

A model suggesting that workplace events cause emotional reactions that can impact employees' job performance and satisfaction.

Emotional

Relating to a person's feelings and how they affect their behavior and attitudes.

Cognitive Aspects

The mental processes involved in perception, memory, judgment, and reasoning.