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Exhibit 1-6

question 59

Multiple Choice

Exhibit 1-6 Exhibit 1-6 -Along the curve in Exhibit 1-4, A) if P = $6, then Q = 8 B) if Q = 10, then P = $4 C) the slope is equal to -1 D) Q increases as P increases E) there is a positive relationship between Q and P
-Along the curve in Exhibit 1-4,

Definitions:

FUTA Tax

The Federal Unemployment Tax Act (FUTA) tax is a payroll tax paid by employers to fund state workforce agencies and unemployment insurance.

State Unemployment Taxes

Taxes paid by employers to their state government to fund unemployment insurance benefits for workers who have lost their jobs.

Payroll Tax

Taxes imposed on employers or employees, usually calculated as a percentage of the salaries that employers pay their staff.

Schedule H

A form filed with the IRS to report taxes owed on wages paid to a household employee.