Daily Output of Scotland and Poland

question 200

Multiple Choice

Daily Output of Scotland and Poland

Table 18.1
-Refer to Table 18.1.The opportunity cost of an accordion in Scotland is

• A) 1/3 of a bagpipe.
• B) 1/2 of a bagpipe.
• C) 2 bagpipes.
• D) 6 bagpipes.

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Definitions:

FUTA

The Federal Unemployment Tax Act, a United States federal law that imposes a payroll tax on any business with employees for the purpose of funding state workforce agencies.

SUTA

State Unemployment Tax Act, which mandates employers to pay state unemployment taxes.

Temporary

Pertaining to an employee, position, or status that is intended for a limited time period, often with an end date in mind.

Permanent

Describes assets or records that are intended to be held or used on a long-term basis and not expected to be sold or otherwise converted into cash within a year.