For the week ended February 20, year 8, Epsilon Co. paid gross wages of $15,000, from which federal income taxes of $1,500 were withheld. All wages paid were subject to FICA tax rates of 7% each for employer and employee. Epsilon must also pay the 2% FUTA tax employers are subject to. Epsilon makes all payroll-related disbursements from a special payroll checking account. What amount should Epsilon have deposited in the payroll checking account to cover payroll and related payroll taxes for the week ended February 20, year 8

The sticky-price theory asserts that the output prices of some goods and services adjust slowly to changes in the price level. suppose firms announce the prices for their products in advance, based on an expected price level of 100 for the coming year. many of the firms sell their goods through catalogs and face high costs of reprinting if they change prices. the actual price level turns out to be 110. faced with high menu costs, the firms that rely on catalog sales choose not to adjust their prices. sales from catalogs will

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?