Sean Matthews is a waiter at the Deluxe Lounge. In his first weekly pay in March, he earned $300 for the 40 hours he worked. In addition, he reports his tips for February to his employer ($500), and the employer withholds the appropriate taxes for the tips from this first pay in March. Calculate his net take-home pay assuming the employer withheld federal income tax (wage-bracket, single, 1 allowance), social security taxes, and state income tax (0.02)

Which of the following describes one of the ways that the demographics of an area affect the price of housing in that area? a. when more people have children, their incomes tend to be higher and the housing prices are also higher. b. older people are more likely to stay in their houses, creating a seller's market that keeps prices low. c. an area with a lower population density won't have enough construction workers to build new houses quickly. d. an area with younger people will have a higher demand for rentals and a lower demand for buying.