Payroll taxes are levied on salaries and wages to support which of the following?

A. Temporary Assistance for Needy Families
B. Affordable Care Act and Medicaid
C. Social Security and Medicare
D. Aid to Families with Dependent Children

Answer: C

Political Science

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Dictators are accountable to elected lawmakers.

Answer the following statement true (T) or false (F)

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In your own words, define the principal-agent problem. Use an example if necessary.

What will be an ideal response?

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