FICA tax base:Multiple ChoiceNone of the answer choices are correct.Is never more than $60,000Changes once every two yearsChanges yearlyNever changes

A company has total payments for the month of March for its 20 employees of $100,000. The FICA tax rate (Social Security and Medicare) is 7.65%. What is the total amount due to the government for FICA taxes?Multiple Choice$13,850$7,650$27,650$15,300

Select all that applyWhich of the following fiscal policy changes would make AD shift in the direction indicated in the figure?Multiple select question.A decrease in government spendingAn increase in government spendingA decrease in taxesAn increase in taxes

With a taxable income of $85,000 in financial year 2023-2024, the taxes are _____________________.A. 0.19*5,092, + 0.325*(85,000-45,000)B.0*18,200 + 0.19*26,800 + 0.325*40,000 + 0.37*(180,000 -85,000)C.0.195*(85,000 -18,200)D.0*18,200 + 0.19*26,800 + 0.325*(40,000)

Select all that applyDiscretionary fiscal policy consists of deliberate changes in government spending and taxation designed to do which of the following?Multiple select question.Adjust the money supplyEncourage economic growthControl inflationManage the interest rateAchieve full employment

Which of the items is correct regarding a use tax?