Recall that Social Security is funded through payroll taxes levied on both employers and employees. Suppose a politician were to state that since large corporations can better afford paying such taxes, the payroll tax levied on employees should be shifted to employers. Would this change cause the economic burden of the tax to be shifted from employees to employers? Explain your response.

Identifying type and normal balances of accounts lo c4 for each of the following (1) identify the type of account as an asset, liability, equity, revenue, or expense, (2) identify the normal balance of the account, and (3) select debit (dr.) or credit (cr.) to identify the kind of entry that would increase the account balance.

Which of the following best explains how the invention of money affected the barter system? a. the invention of money supplemented the barter system by providing a nonperishable medium of exchange b. the invention of money completely replaced the barter system with a free-market system c. the invention of money had no effect on the barter system d. the invention of money drastically reduced the value of goods used in the barter system 2b2t

Overspeculation and a decrease in consumer confidence are both leading factors of: ?