If in 2016, a woman made $100,000 on the job, $20,000 from a consulting business she operated, and $10,000 in dividends on stock she owned, she would owe old-age Social Security taxes on

A. $87,000.
B. $97,500.
C. $130,000.
D. $118,500.

Answer: D

Economics

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A financial asset is considered a security if

A) the owner of the security receives dividends and realizes a capital gain when the asset is sold. B) it can be sold in a secondary market. C) its value increases after it is sold in a primary market. D) its value is secure; that is, the owner will not suffer a financial loss when the asset is sold.

Economics

Some economists and international organizations use the PPP method in order to compare the:

A. income among countries. B. life expectancy rates among countries. C. income among citizens of a country. D. labor mobility among countries.

Economics