Which of the Following Is NOT Likely to Have Interests

question 30

Multiple Choice

Which of the following is NOT likely to have interests that are detrimental to economic development?

• A)The owner of a factory making products to export to Europe.
• B)A wealthy landowner hoping to use his or her political influence to take over smaller parcels of land.
• C)The owner of a sugar plantation.
• D)A corporation that receives tax credits from the government.
• E)A bureaucrat who receives bribes for expediting paperwork.

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Definitions:

Employee's Earnings Record

A detailed record maintained by employers that tracks the wages or salaries earned by each employee over time, including taxes and deductions.

Payroll Register

A document listing each employee’s pay details for each payroll period, including wages, deductions, and net pay.

FICA Tax

Federal Insurance Contributions Act tax; a U.S. federal payroll tax that funds Social Security and Medicare.

Medicare Tax

A federal payroll tax that funds Medicare, the health insurance program for individuals aged 65 and over, as well as for some younger people with disability status as determined by the Social Security Administration.