Increases in Capital Per Hour Worked Cannot Sustain High Rates

question 131

True/False

Increases in capital per hour worked cannot sustain high rates of economic growth unless accompanied by technological change.

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Definitions:

FUTA Tax

FUTA Tax, or the Federal Unemployment Tax Act tax, is a payroll tax paid by employers to fund state workforce agencies.

Total Wages Paid

The aggregate amount of wages or salaries disbursed by an employer to its employees over a given period.

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.