Statement I

question 74

Multiple Choice

Statement I.As basic reading,writing,and math skills have declined in the United States,computer skills have increased dramatically.
Statement II.Virtually all economists agree that the more than doubling of our rate of productivity growth since the mid-1990s was due almost entirely to the more widespread use of computers.

• A)Statement I is true and statement II is false.
• B)Statement II is true and Statement I is false.
• C)Both statements are true.
• D)Both statements are false.

Understand various forms of union membership requirements and the legal obligations they impose on employees.

Identify the legal frameworks surrounding non-competition clauses and protect proprietary interests.

Recognize the conditions and repercussions of employee dismissal, including just cause and notice requirements.

Comprehend the concept of fiduciary duties and restrictions on post-employment activities for certain employees.

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Definitions:

FICA - Medicare

Part of the Federal Insurance Contributions Act taxes, specifically aimed at funding Medicare, a healthcare program for the elderly and certain disabled individuals in the United States.

Withheld

Refers to a portion of an individual's earnings or payments that is not provided to them but is instead held back, often for tax purposes.

Matched by Employer

Pertains to contributions or payments, typically toward FICA taxes or retirement funds, that an employer duplicates for an employee.

Contingent Liability

A potential financial obligation that may occur or become payable in the future, depending on the outcome of a specific event.