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The World Population Reached 7 Billion People in 2013, Having

question 64

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The world population reached 7 billion people in 2013, having increased by 2 billion people in only


Definitions:

Social Security Tax

A payroll tax that finances the United States' social security program, providing benefits for retirees, the disabled, and children of deceased workers.

Hourly Wage Rate

The amount of money paid for each hour of work performed, typically associated with part-time or contractual employment.

Gross Pay

The total compensation a person receives before any deductions or taxes are taken out.

Medicare Tax Rate

The percentage of an individual's or employer's earnings that is contributed to Medicare, a U.S. federal health insurance program.

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