Steve Is 28 Years Old and Edie 38 Years Old

question 34

Multiple Choice

Steve is 28 years old and Edie 38 years old. Both started working for their employer 9 ½ years ago and both will vest in their pension and retirement funds in 6 months. If they are both immediately fired:

• A) Steve will have a valid ADEA claim because the firing appears to be related to terms of service.
• B) Edie will have a valid ADEA claim because the firing appears to be related to terms of service and she is older than Steve.
• C) Both Edie nor Steve will be afforded ADEA protections.
• D) Neither Edie nor Steve will be afforded ADEA protections.

Comprehend the principles and types of taxation systems, including regressive, progressive, proportional, and benefits-received taxes.

Recognize the distribution of taxes and government spending across different levels of government.

Identify the purposes and impacts of specific taxes such as excise taxes and sales taxes.

Grasp the concept of tax incidence and how it affects producers and consumers differently depending on the elasticity of supply and demand.