One Advantage of Leasing Companies for Employees Is That

question 66

Multiple Choice

One advantage of leasing companies for employees is that:

• A) employers can save money on benefits.
• B) employers can hire permanent employees.
• C) it reduces total payroll costs for the employers.
• D) it exempts employers following the OSHA regulations.

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Definitions:

Marginal Rates

The additional or incremental tax rate applied to every additional dollar of income.

First Theorem

Likely refers to the First Fundamental Theorem of Welfare Economics, which states that competitive markets lead to an efficient allocation of resources under certain conditions.

Welfare Economics

Welfare Economics is a branch of economics that focuses on the optimal allocation of resources and goods to maximize the social welfare or well-being of the community.

Efficient Allocation

An optimal distribution of resources in an economy, where goods and services are distributed according to consumer preferences with minimal waste.