If an Employer Pays a SUTA Tax of 2

question 34

True/False

If an employer pays a SUTA tax of 2.0%, the total credit that can be claimed against the FUTA tax is 2.0%.

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Definitions:

Fuel Sources

Materials or substances used to generate power or energy, typically to produce heat, light, or to power engines.

Inputs

Resources used in the production process, including labor, technology, and materials.

Economies Of Scale

Situation in which output can be doubled for less than a doubling of cost.

Increasing Returns

A situation where the addition of more units of input results in a more-than-proportional increase in output.