Which of the following taxes has the greatest effect on the natural rate of unemployment?
income taxes |
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retail sales taxes |
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Social Security taxes |
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real estate taxes |
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inheritance taxes |
Option 1
Natural rate of unemployment is rate of unemployment which includes only frictional and structural unemployment. Frictional unemployment is when people look for new jobs and structural unemployment is when technological changes takes place which results in industrial reorganization.
Income tax is the one which makes to people to work or to claim unemployment benefits, hence income tax has the direct relation with natural rate of unemployment.
Which of the following taxes has the greatest effect on the natural rate of unemployment? income...
salaries Federal income taxes to be withheld Federal unemployment tax rate (FUTA) State unemployment tax rate (after FUTA deduction) Social security tax rate Medicare tax rate $ 80,000 16,000 0.80% 5.40% 6.29% 1.45% The journal entry to record payroll for the January 2021 pay period should be Debit Credit 25) Panther Co. had a quality assurance warranty liability of $350.000 at the beginning of 2021 and $310.000 at the end of 2021. Warranty expense is based on 4% of sales,...
Payroll taxes paid by employees include which of the following? O Federal income tax, federal unemployment tax, and Medicare O Social security, federal unemployment tax, and state unemployment tax O Social security, federal income tax, and federal unemployment tax O Federal income tax withheld, state income tax withheld, and Medicare Which of the following statements about bonds and notes is not correct? O A company can borrow the funds necessary to finance its activities using bonds or promissory notes O...
Which of the following is not a current liability? Sales tax payable; Payroll taxes payable; c. Unearned revenues; D. Allowance for doubtful accounts. B. Which of the following is not a current liability? Discount on Bonds Payable due in 7 years; Wages Payable; Estimated Warranty Payable for items sold with a one year warranty: Out of court litigation settlement liability due to be paid next month. B. Page 2 of 6 Which of the following is not a payroll tax...
A. Which of the following is not a payroll tax expense to the employer? State unemployment taxes. B. Federal unemployment taxes. Social Security and Medicare taxes. Federal income taxes withheld from employee paychecks.
graphically demonstrate the effect of a decrease in union membership on the natural rate of unemployment
When an economy is at its natural rate of unemployment, which of the following will be true? The unemployment rate will be 0% Only frictional unemployment will exist in the economy. Only structural unemployment as a result of technological changes will exist in the economy. The unemployment rate will be greater than 0% The labour force participation rate will be 100%
All else equal, how will increasing unemployment insurance affect the natural rate of unemployment? The natural rate of unemployment is likely to decrease. The natural rate of unemployment will remain unaffected. The natural rate of unemployment is likely to increase. From the following examples, select the example illustrating frictional unemployment. Winny is annoyed with her manager at the Tasty Freeze where she has worked all summer. She decides one day just to not go to work anymore and instead goes...
Which of the following would reduce the natural rate of unemployment? a. an increase in the rate of money growth but not increased unemployment compensation b. an increase in unemployment compensation but not an increase in the rate of money growth. c. neither an increase in unemployment compensation nor an increase in the rate of money growth. d. both an increase in the rate of money growth and increased unemployment compensation
Hysteresis effect explains fluctuations in the natural rate of unemployment. True or False? Explain.
Which of the following taxes would not be included in payroll tax expense of an employer? A. Federal unemployment taxes B. Employer FICA-Social Security taxes C. Income tax withholdings D. State unemployment taxes E. Employer FICA-Medicare taxes