INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

question 19

Short Answer

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
The Social Security tax rate is paid [ up to a taxable maximum | on all earnings ].

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Definitions:

Trade Pattern

The general flow of import and export transactions between countries or regions.

Exports

Goods or services sent from one country to be sold or used in another country.

Opportunity Cost

The abandonment of gains that might have come from different options when a particular choice is prioritized.

Crude Oil

A naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials.