Which of the Following Statements Is Correct

question 69

Multiple Choice

Which of the following statements is correct?

• A) The burden of the FICA tax is equally split between workers and employers.
• B) Most of the burden of the FICA tax falls on workers.
• C) Most of the burden of the FICA tax falls on employers.
• D) Employees face no burden from the FICA tax.

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Definitions:

Yield Management

A pricing strategy used in industries with fixed capacities to maximize revenue by adjusting prices based on demand.