In 2007, the Social Security Trustees suggested that either the payroll tax could increase to 16.41 percent in 2041 and steadily increased to 17.60 percent in 2081 or a cut in benefits by 25 percent in 2041 and steadily increased to an overall cut of 30 percent in 2081.
effective rate of protection. the real amount of PROTECTION accorded to domestic suppliers of a final product when a TARIFF is applied to a competing imported final product (see IMPORTS), but either no tariff, or a lower rate of tariff, is applied on FACTOR INPUTS that are imported to produce that product.
The conversion rate is the percentage of people who responded and ultimately make a purchase, and good campaigns can expect a conversion rate of 30 to 50 percent. In practice, this means that if you send out 1,000 promotional pieces and achieve a 3 percent response rate, you will have 30 responses.