Nonwage costs,including payments for social security,health insurance,and payroll taxes that employers must pay to cover disability,unemployment,maternity leave,and similar benefits are known as:
A) externalities.
B) community firm costs.
C) social welfare costs.
D) superannuation costs.

Question

Quizplus · Accepted Answer

These costs are commonly known as social welfare costs, as they provide benefits to employees in situations such as unemployment, disability, and maternity leave.

Nonwage Costs,including Payments for Social Security,health Insurance,and Payroll Taxes That