A tax is imposed on employers and workers that are used to fund Social Security and Medicare. This tax is sometimes referred to as
A) the ACIF.
B) the Income Security Tax.
C) the federal income tax.
D) the payroll tax.
D
Economics
You might also like to view...
Which type of economic graph reveals trends in data?
A) time-series graph B) cross-section graph C) scatter diagram D) Answers A and C are correct. E) Answers A, B, and C are all correct.
Economics
By providing and communicating information, the financial system
A) reduces the difference between the return on three-month U.S. Treasury bills and the return on thirty-year U.S. Treasury bonds. B) relieves individual savers from the necessity of searching out individual borrowers. C) eliminates the risk in investing in the stock market. D) guarantees investors a reasonable return on their money.
Economics