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GalinKa [24]
2 years ago
14

Tristan has found a good job as a bookkeeping clerk after finishing his associates degree at the local community college. He is

making a beginning annual salary of $19,760. How can this increased income affect his financial decisions
Business
1 answer:
Elan Coil [88]2 years ago
3 0

An increase in the total income may lead to changes in Tristan's financial decisions in positive as well as negative ways.

<h3>What are financial decisions?</h3>

A plan or a strategy which is backed by strong logic of an individual to distribute his or her income in different forms of investments, expenses, and savings, are known as financial decisions.

When Tristan gets an increase in his income, his financial decisions may, change in a way that he may start investments and save for future goals. He may also start spending on luxuries, which he otherwise, could not afford to.

Hence, the significance of an increase in income on the financial decisions of Tristan is aforementioned.

Learn more about financial decision here:

brainly.com/question/19502030

#SPJ1

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You are given the following information about aggregate demand at the existing price level for an economy: (1) consumption = $50
kolbaska11 [484]

Answer: C. Decrease government spending and increase taxes

Explanation:

The current GDP of this economy is $670 billion and this figure is higher than the $620 billion that the economy should be at.

This means that the economy is in danger of overheating and needs to be adjusted.

To do this one can use option C.

By REDUCING Government Expenditure, government purchases will drop which will aid in reducing the GDP.

By also INCREASING Taxes, the amount of money left for people to consume after they pay their taxes is less so that REDUCES Consumption as well leading to a smaller GDP.

Doing this is known as a CONTRACTIONARY FISCAL POLICY.

3 0
3 years ago
A member of the park service believes the average number of cacti per square km in tucson, az in the year 2001 is less than the
tia_tia [17]

Question Continuation

a. What is a subject in this study?

b. What is the explanatory variable and what type of variable is it?

c. Which type of test is most appropriate?

Answer:

See Explanation Below

Explanation:

a.

In research, a subject can be referred to as a person, place, thing, or phenomenon that is being measured of observed. In the question above, the observation is focused on the area of cacti/km² plot of land near Tucson, AZ; hence, it'll be taken as the research subject.

b. Explanatory variables are those variables that are not totally independent and are used to predict or explain differences in the response variable.

Having pointed what an explanatory variable is, we'll list the explanatory variable(s) in the question, using the definition above.

1. Year;

The question compares the growth of cacti per km² in 1970 and 2001. The differences in the growth are then measured in order to determine if there's indeed a growth or a decline in growth of cacti.

Hence, year is an explanatory variable and it's numerical

2. Using the same yardstick, another explanatory variable in the question above is the average number of cacti per km².

It is considered an explanatory variable because it represent the numerical value of cacti present in a km² area.

It is also numerical

c.

The most appropriate type of test in this kind of observation is the independent sample t test.

An Independent Samples t Test takes into consideration the means or averages of two independent groups and then make makes comparison between them in order to determine whether there is statistical evidence that the associated population means are significantly different.

The question compares the average of cactus in 1970 and 2001.

The keyword here is average and that is what is being described by the independent sample t test. I.e. the average of cactus per km² in both years.

5 0
3 years ago
The manager of the Beach Division of Treat Time is evaluating the acquisition of a new mobile ice cream server. The budgeted ope
Savatey [412]

Answer:

ROI = 10.5%

Explanation:

The  ROI of a Division is the portion of then operating assets that is earned by  as operating income  by it. The higher the better.

Net operating assets = 28,600,000 - 600,000 = 28,000,000

ROI = Income/ Net operating assets × 100

ROI = 2,940,000/28,000,000  × 100

      = 10.5%

5 0
4 years ago
Emily receives $800 every two weeks. However, she only takes home $600 after tax deductions from her paycheck. The $800 is Emily
Elena L [17]
200$ Goes towards insurance and taxes right?
7 0
3 years ago
Read 2 more answers
Plz, help ASAP!!!!!!
Cerrena [4.2K]
<h2>Grants are typically needs-based while scholarships are typically merit-based. </h2>

Explanation:

Option 1:

This is invalid because grands are usually need based and scholarships are usually merit-based.

Option 2:

This is the right answer.

Grants are often given considering the family background in terms of financial situation.

Merit-based are often based on GPA that the student secure

Option 3:

This stands invalid because you need not write any essay.

Option 4:

This is also invalid because both Federal and state governments offer both Grants and merit-based scholarships.

5 0
4 years ago
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