Multiple Choice
Unemployment insurance is financed by a _______________on covered wages.
A) 7) 65% federal tax on covered wages up to $7,000
B) 6) 2% federal tax on covered wages up to $7,000
C) 5) 4% federal tax on covered wages up to $87,000
D) 6) 2% state tax on covered wages up to $7,000
Correct Answer:
Verified
Correct Answer:
Verified
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