Search & Filtering
Is it a positive or normative statement that Society faces a short run tradeoff between inlation and unemployment
Generate a PPF graph for a society that has production sectors of potatoes and diamonds and show the following changes to your original PPF. Show the effect of the introduction of a new improved fertilizer on your societies PPF.
What happens to the price if the demand for fresh tomatoes increases while the supply remains constant
What happens to the price if the supply of butter falls and the demand remains constant
Activity One - Analyzing Your Pay Stub
This module identifies the different types of taxes and how taxes impact our finances.
Analyze this sample pay stub and answer the questions that follow.
Sample Pay Stub: https://lrccd.instructure.com/courses/159612/files/33420065/preview
Question 8:
One of Hope’s coworkers quits, and during the next pay period Hope works 60 hours instead of 40 to help cover the shifts. Which of Hope’s deductions will definitely change as a result?
a. Her Federal tax
b. Her health
c. Her dental
d. Her retirement
Activity One - Analyzing Your Pay Stub
This module identifies the different types of taxes and how taxes impact our finances.
Analyze this sample pay stub and answer the questions that follow.
Sample Pay Stub: https://lrccd.instructure.com/courses/159612/files/33420065/preview
Question 5:
Look at the lines that say HEALTH, DENTAL, and RETIREMENT. Which statement below is accurate?
a. Those lines represent taxes that Hope paid to the Federal government
b. Those lines represent taxes that Hope paid to the state government
c. Those lines represent benefits that the employer is paying to Hope in addition to her wages
d. Those lines represent insurance and retirement plans that Hope funds directly from her paycheck
Activity One - Analyzing Your Pay Stub
This module identifies the different types of taxes and how taxes impact our finances.
Analyze this sample pay stub and answer the questions that follow.
Sample Pay Stub: https://lrccd.instructure.com/courses/159612/files/33420065/preview
Question 4:
What was the largest deduction for this pay period?
a. FICA Medicare Tax
b. FICA Social Security Tax
c. Federal Tax
d. NC State Tax
Activity One - Analyzing Your Pay Stub
This module identifies the different types of taxes and how taxes impact our finances.
Analyze this sample pay stub and answer the questions that follow.
Sample Pay Stub: https://lrccd.instructure.com/courses/159612/files/33420065/preview
Question 3:
Which statement below accurately describes Hope's gross wages?
a. Gross wages are calculated by multiplying Hope’s hourly rate by the number of hours she worked
b. Gross wages are Hope’s fixed salary, which she receives for every pay period
c. Gross wages are calculated by subtracting all of Hope’s deductions from her gross income
d. Gross wages are how much Hope has earned over the course of the entire year
Activity One - Analyzing Your Pay Stub
This module identifies the different types of taxes and how taxes impact our finances.
Analyze this sample pay stub and answer the questions that follow.
Sample Pay Stub: https://lrccd.instructure.com/courses/159612/files/33420065/preview
Question 1:
About how frequently does Hope receive a paycheck?
a) Daily
b) Weekly
c) Every two weeks
d) Monthly
Activity One - Analyzing Your Pay StubThis module identifies the different types of taxes and how taxes impact our finances.
Instruction: Complete the Reading a Pay Stub interactive.
Extra Direction: Answer the following question as if you were a sophomore (15/16 years old) and learning about personal finance.
Link: http://www.tv411.org/finance/earning-spending/reading-pay-stub/activity/1/1
Question: Was any information from the interactive surprising to you?
