Salaries are declining in South Africa, but more people are getting paid, new data shows. The average salary in South Africa has shown the most significant month-to-month fall in March, declining 5.6%. This has led to South Africans having less disposable income and increasingly relying on debt to make ends meet, the group said. Source: https://businesstech.co.za/news/finance/513420/how-salaries-in-south-africa-are-shrinking/ Use the figures below to answer question 8 that follows: P1 PO o 28 ° PO P1 01 DO ° Q1 DO QOQ1 P1 PO Q1 QO D1 Q1 Q Do DO Which of the figures correctly indicates the effect of a decrease in James's salary on the demand of chicken liver which is considered to be an inferior good? a) A b) B c) C d) D

When would you expect cyclical unemployment to be rising? Falling?

Would you expect the natural rate of unemployment to be roughly the same in different countries?

Maria's current employment pays her $10 per hour, her disutility of effort is $3 per hour and the unemployment benefit, accessible if unemployed, is $3 per hour. a) Calculate Maria's total employment rent if she loses her job and remains unemployed for 1540 hours and then after that she regains her employment at the same pay rate. Show her total employment rent with the aid of a diagram. b) Calculate how Maria's employment rent will change if unemployment benefits fall by $1 per hour and she also incurs a psychological cost associated with losing her job of $1 per hour. Explain how this change may impact the effort she applies to her current job. c) Name three conditions necessary for the principal-agent problem to occur.

In 1972 the maximum earnings of a worker subject to Social Security tax (SST) was $9,000. The maximum earnings subject to SST in 2016 is $118,500. Whatcompound annual increase has been experienced over this 44-year period of time? How does it compare with a 3% annual increase in the consumer price index over the same period of time?

what is the art majors salary in 2011? 2012?

Determine the Internal Job Structure of a Finance Manager’s job vacancy.

1  Describe the decrease in employment from 2020-2022.

You are looking at three different job options, one in Pennsylvania, one in Texas, and one in New York.   The offers are as follows:   Salary State tax rate Pennsylvania $62,000 3.07% Texas $64,000 0.00% New York $68,000 6.85%   What is the take home pay of the three options?  Which of these offers will you accept if you are only interested in maximize your after tax income?    Pennsylvania: Texas:  New York:    Job accepted:    Regardless of which job you take, you will have to pay federal income taxes.  Assuming you are offered $65,000 use the following tax brackets to determine the federal income tax you owe.   Tax Bracket Low end High end 10% $0 $9,225 15% $9,225 $37,450 25% $37,450 $90,750 28% $90,750 $189,300   TAX OWED:

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