Joseph earns $75,000. If his average tax rate is 18%, what is the total amount of money that he pays as tax?

A) $1,500
B) $13,500
C) $2,700
D) $15,000

B

Economics

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How will increased usage of the Internet by employers and employees influence the job search process?

a. It will make job-related information more costly and, therefore, tend to increase the rate of unemployment. b. It will make job-related information less costly and, therefore, tend to increase the rate of unemployment. c. It will make job-related information more costly and, therefore, tend to reduce the rate of unemployment. d. It will make job-related information less costly and, therefore, tend to reduce the rate of unemployment.

Economics

If a union negotiates and obtains a wage rate above the competitive wage rate,

A) it must find a way to make workers more productive. B) employment in the union sector will increase relative to employment in the nonunion sector. C) it must find a way to ration jobs among the excessive number of workers who wish to work in the union sector. D) unemployment will increase in the nonunion sector relative to the union sector.

Economics