Which of the Following Would Most Likely Cause the Current

question 333

Multiple Choice

Which of the following would most likely cause the current demand for natural gas to decrease?

• A) an increase in consumer income
• B) an increase in the price of natural gas
• C) a decrease in the price of electricity, a substitute for natural gas
• D) the expectation that the price of natural gas will rise sharply next month

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Definitions:

Federal Unemployment Compensation Tax

A federal tax imposed on employers to fund state workforce agencies and unemployment insurance.

Employer's Payroll Taxes

Taxes that employers are required to pay on behalf of their employees, such as social security and Medicare taxes in the United States.

Federal Income Tax

The tax levied by the IRS on the annual earnings of individuals, corporations, trusts, and other legal entities.

Unemployment Compensation Taxes

Taxes imposed on employers that fund unemployment insurance benefits for laid-off workers.