Gary marks is paid on a monthly basis. for the month of january of the current year, he earned a total of $8,888. fica tax for social security is 6.2% on the first $118,500 of earnings each calendar year and the fica tax for medicare is 1.45% of all earnings. the futa tax rate is 0.6%, and the suta tax rate is 5.4%. both unemployment taxes are applied to the first $7,000 of an employee's pay. the amount of federal income tax withheld from his earnings was $1,474.77. what is the amount of the employer's payroll taxes expenses for this employee?

James is an employee in the widget inspection department of xyz systems, a government contractor. james was part of a 3-person inspection team that found a particular batch of widgets did not meet the exacting requirements of the u.s. government. in order to meet the tight deadline and avoid penalties under the contract, james' boss demanded that the batch of widgets be sent in fulfillment of the government contract. when james found out, he went to the vice president of the company and reported the situation. james was demoted by his boss, and no longer works on government projects. james has a:

Which of the following is one of the five fundamental questions? which products will be in scarce supply and which in excess supply? who should appoint the head of the central bank? how much should society save? correct what goods and services will be produced?

What is the difference between a debtor and a creditor?