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Table 22-1
Three longtime friends-Sam, Diane, and Cliff-are deciding how they will spend their Saturday evening. They all agree that they should do one of three things: go to a movie, go to a concert, or go out to dinner. They also agree that they will have two pairwise votes to determine how to spend their evening, with the majority determining the outcome on each vote. The first, second, and third choices for each person are as indicated in the table below.
-Refer to Table 22-1.Which of the following statements is correct?
Payroll Tax
A tax imposed on employers and employees, calculated as a percentage of the salaries that employers pay their staff.
Per-hour Wage
The amount of money paid to an employee for each hour of work.
Payroll Tax
Financial obligations placed on employers and workers, regularly computed based on a percentage of the compensation paid to workers.
Per-hour Wage
Compensation paid to an employee based on the number of hours worked.
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