Question

Which of these are benefits of a job as the term is used in this lesson?(1 point)
Responses

a high hourly wage
a high hourly wage

an office in a great neighborhood
an office in a great neighborhood

working for a good cause
working for a good cause

a 401(k) plan
Answer
Which of these might workers’ compensation provide in at least some circumstances?(1 point)
Responses

payments to the family of a worker who died.
payments to the family of a worker who died.

medical treatment for injuries caused by a car crash that occurred while an employee was on vacation
medical treatment for injuries caused by a car crash that occurred while an employee was on vacation

payments to a worker after they retire
payments to a worker after they retire

training to prepare an employee who was disabled by a workplace accident
Answer
What is an advantage of investing pre-tax dollars in a retirement account?(1 point)
Responses

You will have that money to live on after you retire.
You will have that money to live on after you retire.

You can work less now because you will have money to spend later.
You can work less now because you will have money to spend later.

As more time passes after you retire, your payments become larger.
As more time passes after you retire, your payments become larger.

If you withdraw the saved money after retirement, you will most likely pay a lower tax rate on it.
Answer
Last year, $3,155.24 was withheld from your pay for federal taxes. When you calculate the amount of federal tax you owe, it comes to $2,791.80. What does this mean?(1 point)
Responses

You must pay an additional $363.44.
You must pay an additional $363.44.

The remaining $363.44 will be applied to your state taxes.
The remaining $363.44 will be applied to your state taxes.

You have lost $363.44.
You have lost $363.44.

You will get $363.44 refund from the government.
Answer
What is the role of Medicare today?(1 point)
Responses

to pay benefits to people who have retired
to pay benefits to people who have retired

to provide income for people over 65 to live on
to provide income for people over 65 to live on

to pay for medical training
to pay for medical training

to provide medical coverage for people over the age of 65
Answered by GPT 3.5
a 401(k) plan
Answered by GPT 3.5
training to prepare an employee who was disabled by a workplace accident
Answered by GPT 3.5
If you withdraw the saved money after retirement, you will most likely pay a lower tax rate on it.
Answered by GPT 3.5
You will get $363.44 refund from the government.
Answered by GPT 3.5
to provide medical coverage for people over the age of 65