Evaluate the Given Pseudocode to Calculate the Payment (Pmt) with the Following

question 15

Multiple Choice

Evaluate the given pseudocode to calculate the payment (pmt) with the following test values: The total number of hours worked (working_hours) = 60
The rate paid for hourly work (rate) = 12
Input working_hours
Input rate
Pmt = working_hours * rate
If working_hours > 40 then
Extra_hours = working_hours - 40
Extra_pmt = extra_hours * rate
Pmt = pmt + extra_pmt
End of if
Output pmt
What is the final output?

• A) 960
• B)840
• C)240
• D)720

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Definitions:

Pretax Equilibrium

The market condition where supply and demand balance before any taxes are applied.

Tax Incidence

The analysis of the effect of a particular tax on the distribution of economic welfare, including which group - consumers or producers - ultimately bears the cost of the tax.

Suppliers

Suppliers are individuals or companies that provide goods or services to other entities, often playing a key role in the supply chain.

Excise Tax

A tax levied on the sale of particular goods or services, such as alcohol and tobacco, usually with the intent of reducing their consumption through higher prices.