Social Security Tax and Medicare Tax Are

question 63

Multiple Choice

Social Security tax and Medicare tax are:

• A) only paid by the employee
• B) only paid by the employer
• C) withheld from the employee's paycheck and matched by the employer
• D) calculated based upon the W-4 form

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Definitions:

Exports

Goods or services sent from one country to another for sale or trade.

International Trade

The exchange of goods, services, and capital across international borders or territories, which involves the import and export activities between different countries.

Prosperity

A state of economic well-being and successful, flourishing conditions, often associated with wealth.

Exports

Goods or services produced in one country and sold to buyers in another, contributing to a nation's gross domestic product.