tim's gross pay for this month is $9,150. his gross year−to−date pay, prior to this month, totaled $110,000. what is the amount of fica tax withheld from tim's pay for this month? (assume an oasdi rate of 6.2%, applicable on the first $118,500 earnings, and a medicare rate of 1.45%, applicable on all earnings. do not round any intermediate calculations, and round your final answer to the nearest cent.)

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

answer; read and consider the content of the items;

answer; is the sum of all individual demands curves;