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19-04-2024
Business

Answered

Based on US Chamber of Commerce statistics, which of the following statements concerning the percentage of payroll spent by employers for employee benefits is correct?
1) The percentage tends to be somewhat higher in suburban areas than in metropolitan areas.
2) Within specific industries, the percentage tends to be higher for firms with 100 or more employees than for firms with fewer than 100 employees.
3) Almost two-thirds of this percentage is for medical expense benefits.
4) The percentage for individual businesses does not vary significantly by geographic region.

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