The Employer's Share of the Social Security and Medicare Components

question 39

Multiple Choice

The employer's share of the Social Security and Medicare components of the payroll tax has increased,from 6.13% in 1980 to its current rate of 7.65%.Because employers pay no payroll tax on many fringe benefits,this change in tax rates has effectively:

• A)reduced the "price" of fringe benefits,increasing the slope of the wage-fringe isoprofit line
• B)increased the "price" of fringe benefits,increasing the slope of the wage-fringe isoprofit line
• C)reduced the "price" of fringe benefits,reducing the slope of the wage-fringe isoprofit line
• D)increased the "price" of fringe benefits,reducing the slope of the wage-fringe isoprofit line

Acquire knowledge on academic performance enhancement strategies.

Differentiate between basic and applied research within psychology.

Recognize the significance of Freud's contributions to psychology and the development of the field.

Understand the difference in scheduling emphasis between services and manufacturing settings.

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Definitions:

Dermis

The layer of skin beneath the epidermis that contains nerve endings, sweat glands, and hair follicles.

Epidermis

The external layer of skin which serves as a water-resistant barrier and determines our skin color.

Stratum

A layer or a series of layers of tissue in an organism or a part of its structure.

Epidermis

The surface layer of the skin that acts as a barrier to water and defines the color of our skin.