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Evaluate the function.
-Find when
FICA
FICA stands for the Federal Insurance Contributions Act and is a United States federal payroll tax that funds Social Security and Medicare programs.
Payroll Tax
A tax on the earnings an employer pays to an employee.
Burden Of The Tax
The burden of the tax refers to the impact of a tax on the economic welfare of stakeholders, indicating who ultimately bears the cost of the tax.
Elasticity Of Demand
A measure of how much the quantity demanded of a good responds to a change in the price of that good, quantitatively measured as the percentage change in quantity demanded relative to a percentage change in price.
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