ASSIGNMENT 2 - BUSINESS BOOK Question Preview (ID: 7461)


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Cost of living
a) The middle point
b) Rent paid each week
c) The average cost of food, rent and other needs paid by a person or family
d) The amount of a paycheck before taxes are taken out. Base pay is sometimes called gross pay.

Base pay
a) The average cost of food, rent and other needs paid by a person or family
b) Rent paid each week
c) A tax each worker pays to the federal government. The tax is called a withholding tax because it is
d) The amount of a paycheck before taxes are taken out. Base pay is sometimes called gross pay.

Federal Income Tax
a) The average cost of food, rent and other needs paid by a person or family
b) A tax each worker pays to the federal government. The tax is called a withholding tax because it is
c) The amount of a paycheck before taxes are taken out. Base pay is sometimes called gross pay.
d) A tax that help old people and others who are in need. The tax law is called FICA Federal Insurance

Social Security Tax
a) A tax that help old people and others who are in need. The tax law is called FICA Federal Insurance
b) Rent paid each week
c) The amount of a paycheck before taxes are taken out. Base pay is sometimes called gross pay.
d) A tax each worker pays to the federal government. The tax is called a withholding tax because it is

Disability Tax
a) A tax that help old people and others who are in need. The tax law is called FICA Federal Insurance
b) The amount of a paycheck after taxes are taken out. Take home pay is the amount of money that a work
c) A tax that helps people who get sick or hurt and must stop working for a time
d) Amount of money that a people owe

Take Home Pay
a) A tax that helps people who get sick or hurt and must stop working for a time
b) A tax that help old people and others who are in need. The tax law is called FICA Federal Insurance
c) A tax that helps people who get sick or hurt and must stop working for a time
d) The amount of a paycheck after taxes are taken out. Take home pay is the amount of money that a work

debt
a) The amount of a paycheck after taxes are taken out. Take home pay is the amount of money that a work
b) A plan that lets you pay by using credit cards instead of paying cash
c) How a person handles money by spending and saving
d) Amount of money that a people owe

Life Insurance
a) A plan that pays money to a family if one member of the family dies.
b) A plan that pays for doctors and hospital care if a person is sick or gets hurt.
c) The amount of money a person earns in one month
d) Parts of a whole written in hundredths. For example, one half shown as a percentage is 50%

Health Insurance
a) The amount of money a person earns in one month
b) Parts of a whole written in hundredths. For example, one half shown as a percentage is 50%
c) A plan that pays for doctors and hospital care if a person is sick or gets hurt.
d) Costs that must be met in order to live

budget
a) The amount of money a person earns in one month
b) A plan for spending and saving
c) Costs that must be met in order to live
d) A plan that pays for doctors and hospital care if a person is sick or gets hurt.

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