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How are unemployment insurance benefits financed? Multiple Choice They are financed by taxing the employee and withholding from gross earnings. Employers pay the entire tax

How are unemployment insurance benefits financed? Multiple Choice They are financed by taxing the employee and withholding from gross earnings. Employers pay the entire tax based on an amount determined by state and federal governments. The total cost of unemployment (FUTA and SUTA) is shared equally by employees and employers. Congress allocates funds to pay all costs related to unemployment benefits

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