A Strategy That Has a Higher Payoff Than Any Other

question 20

Multiple Choice

A strategy that has a higher payoff than any other strategy no matter what the other player does is called a:

• A) cartel strategy.
• B) maximizing strategy.
• C) valuable strategy.
• D) dominant strategy.

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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.