Which of the Following Are Included in the Employer's "Payroll

question 58

Multiple Choice

Which of the following are included in the employer's "Payroll Tax Expense"?

• A)employee income tax deducted, employer portion of CPP/QPP and EI
• B)employer portion of CPP/QPP and EI, union dues
• C)employer portion of CPP/QPP and EI only
• D)employer portion of EI, union dues, and employee income tax deducted

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Definitions:

Complements

Goods that are consumed together because the use of one enhances the use of the other.

Indifference Curves

Graphical representations in economics showing different combinations of goods among which a consumer is indifferent.

Substitution Effect

The change in the consumption patterns of goods or services due to a change in their relative prices, holding the consumer's income constant.

Hot Dogs

Cooked sausages, traditionally beef or pork, served in a slit of a partially sliced bun, often with various condiments.