Which of the following statements presents accurate information about the Napoleonic Wars (1793-1815)?
a. The major adversaries in the Wars were England and Canada.
b. The peace treaty that ended the Wars is known as the Essex Decision.
c. The Wars led to increased demand for American shipping services.
d. During the temporary peace of 1801-1803, demand for U.S. re-exports increased.
c. The Wars led to increased demand for American shipping services.
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FICA is a payroll tax imposed on employers and workers that is used to fund Social Security and Medicare. Which of the following statements regarding the tax is true?
A) Most economists believe the burden of the tax falls almost entirely on workers. B) Congress wanted the burden of the tax to be greater for employers than for workers. C) Most economists believe the burden of the tax falls mostly on employers. D) Employers are required to pay a greater share of the tax than workers but most economists believe the burden of the tax is shared equally.
An account period may be:
a. One quarter b. One month c. One year d. All of these